Pets at Home Group PLC (PETS) Declares Dividend Increase – GBX 5 Per Share

Pets at Home Group PLC (LON:PETS) announced a dividend on Wednesday, May 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, June 13th will be given a dividend of GBX 5 ($0.07) per share on Tuesday, July 16th. This represents a yield of 3.02%. The ex-dividend date of this dividend is Thursday, June 13th. This is a positive change from Pets at Home Group’s previous dividend of $2.50. The official announcement can be accessed at this link.

PETS stock opened at GBX 174.20 ($2.28) on Thursday. The company has a debt-to-equity ratio of 21.64, a quick ratio of 0.53 and a current ratio of 0.98. Pets at Home Group has a 12-month low of GBX 102.20 ($1.34) and a 12-month high of GBX 165.80 ($2.17). The stock has a market capitalization of $870.00 million and a P/E ratio of 24.19.

Several equities research analysts recently issued reports on the company. HSBC lifted their price objective on Pets at Home Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the stock a “buy” rating in a report on Thursday. Numis Securities reiterated a “buy” rating and issued a GBX 200 ($2.61) price objective on shares of Pets at Home Group in a report on Wednesday. Liberum Capital reiterated a “hold” rating and issued a GBX 120 ($1.57) price objective on shares of Pets at Home Group in a report on Wednesday. Shore Capital reiterated a “hold” rating on shares of Pets at Home Group in a report on Monday. Finally, Citigroup upgraded Pets at Home Group to a “buy” rating in a report on Wednesday, March 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 147.40 ($1.93).

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About Pets at Home Group

Pets at Home Group Plc, through its subsidiaries, operates as a specialist retailer of pet food, pet related products, and pet accessories in the United Kingdom. The company offers a range of diets for dogs, cats, small mammals, fish, reptiles, and birds. It also provides pet accessories, including collars, leads and harnesses, bedding, housing, feeding, health and hygiene, travel, training, and enrichment products for dogs, cats, small mammals, fish, birds, and reptiles.

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Dividend History for Pets at Home Group (LON:PETS)

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