Beazley PLC (LON:BEZ) Plans GBX 4.10 Dividend

Beazley PLC (LON:BEZ) declared a dividend on Tuesday, July 23rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 1st will be given a dividend of GBX 4.10 ($0.05) per share on Thursday, August 29th. This represents a dividend yield of 0.74%. The ex-dividend date is Thursday, August 1st. The official announcement can be accessed at this link.

Shares of Beazley stock opened at GBX 573 ($7.49) on Wednesday. The firm has a market cap of $3.03 billion and a PE ratio of 19.16. The company has a quick ratio of 11.22, a current ratio of 13.44 and a debt-to-equity ratio of 25.59. The stock’s 50-day moving average price is GBX 559.23. Beazley has a 12-month low of GBX 486.60 ($6.36) and a 12-month high of GBX 604.50 ($7.90).

In related news, insider Adrian Cox purchased 6,742 shares of the business’s stock in a transaction on Tuesday, July 23rd. The shares were purchased at an average price of GBX 267 ($3.49) per share, with a total value of £18,001.14 ($23,521.68).

Several equities research analysts have weighed in on BEZ shares. Numis Securities restated a “buy” rating and issued a GBX 1,800 ($23.52) price objective on shares of in a research report on Monday, June 3rd. Shore Capital restated a “buy” rating on shares of Beazley in a research report on Tuesday, July 23rd. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,453 ($18.99) price objective on shares of in a research report on Tuesday, June 18th. Royal Bank of Canada set a $311.00 price objective on shares of UnitedHealth Group and gave the company a “buy” rating in a research report on Friday, July 19th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of SAGE Therapeutics in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Beazley currently has an average rating of “Buy” and a consensus target price of GBX 613.38 ($8.01).

About Beazley

Beazley plc provides risk insurance and reinsurance solutions worldwide. The company's Marine segment underwrites various marine classes, including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks. Its Political, Accident & Contingency segment underwrites terrorism, political violence, expropriation, and credit risks, as well as contingency and risks associated with contract frustration.

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Dividend History for Beazley (LON:BEZ)

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