Savills plc (SVS) Increases Dividend to GBX 26.40 Per Share

Savills plc (LON:SVS) announced a dividend on Thursday, March 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 11th will be given a dividend of GBX 26.40 ($0.34) per share on Monday, May 13th. This represents a dividend yield of 2.97%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from Savills’s previous dividend of $4.80. The official announcement can be viewed at this link.

SVS opened at GBX 899.50 ($11.75) on Friday. Savills has a one year low of GBX 677.50 ($8.85) and a one year high of GBX 1,014 ($13.25). The company has a debt-to-equity ratio of 58.57, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market capitalization of $1.24 billion and a PE ratio of 16.32.

A number of research firms have recently commented on SVS. Peel Hunt reissued a “buy” rating on shares of Savills in a research note on Thursday. Credit Suisse Group dropped their price objective on Savills from GBX 1,134 ($14.82) to GBX 1,063 ($13.89) and set an “outperform” rating on the stock in a research note on Thursday, January 17th.

WARNING: This piece was first published by WKRB News and is owned by of WKRB News. If you are accessing this piece on another domain, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this piece can be viewed at https://www.wkrb13.com/2019/03/15/savills-plc-svs-increases-dividend-to-gbx-26-40-per-share.html.

About Savills

Savills plc, together with its subsidiaries, provides real estate services in the United Kingdom, Continental Europe, the Asia Pacific, North America, Africa, and the Middle East. The company advises on commercial, rural, residential, and leisure property; and offers corporate finance advice, investment management, and a range of property related financial services.

Further Reading: Benefits of owning preferred stock

Dividend History for Savills (LON:SVS)

Receive News & Ratings for Savills Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Savills and related companies with MarketBeat.com's FREE daily email newsletter.