Phoenix Group Holdings plc (PHNX) To Go Ex-Dividend on October 3rd

Phoenix Group Holdings plc (LON:PHNX) announced a dividend on Monday, September 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 26.65 ($0.36) per share on Thursday, October 31st. This represents a dividend yield of 4.62%. The ex-dividend date is Thursday, October 3rd. The official announcement can be viewed at this link.

Phoenix Group Price Performance

Shares of LON:PHNX opened at GBX 565.50 ($7.56) on Tuesday. The business has a fifty day simple moving average of GBX 551.73 and a 200 day simple moving average of GBX 526.16. The company has a current ratio of 0.19, a quick ratio of 0.12 and a debt-to-equity ratio of 132.01. Phoenix Group has a 1 year low of GBX 436.40 ($5.84) and a 1 year high of GBX 581.22 ($7.77). The firm has a market cap of £5.66 billion, a price-to-earnings ratio of -1,055.68, a P/E/G ratio of 1.95 and a beta of 0.73.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. lifted their price target on Phoenix Group from GBX 505 ($6.75) to GBX 510 ($6.82) and gave the company an “underweight” rating in a report on Wednesday, September 18th. The Goldman Sachs Group reiterated a “sell” rating on shares of Phoenix Group in a research note on Wednesday, September 18th.

About Phoenix Group

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.