Pearson plc (PSON) to Issue Dividend of GBX 6 on September 13th

Pearson plc (LON:PSON) announced a dividend on Friday, July 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 6 ($0.08) per share on Friday, September 13th. This represents a dividend yield of 0.64%. The ex-dividend date is Thursday, August 15th. The official announcement can be accessed at this link.

LON PSON opened at GBX 810.20 ($10.59) on Tuesday. The business’s fifty day moving average is GBX 852.77. The company has a market capitalization of $6.36 billion and a PE ratio of 14.07. Pearson has a fifty-two week low of GBX 764 ($9.98) and a fifty-two week high of GBX 1,030 ($13.46). The company has a current ratio of 1.95, a quick ratio of 1.20 and a debt-to-equity ratio of 48.18.

A number of equities analysts have recently commented on PSON shares. Citigroup lifted their price target on shares of Pearson from GBX 975 ($12.74) to GBX 1,050 ($13.72) and gave the stock a “buy” rating in a report on Tuesday, July 30th. Berenberg Bank reiterated a “buy” rating on shares of Pearson in a report on Thursday, August 1st. UBS Group reiterated a “neutral” rating and set a GBX 915 ($11.96) price objective (up previously from GBX 870 ($11.37)) on shares of Pearson in a report on Monday, July 29th. Goldman Sachs Group upped their price objective on shares of Pearson from GBX 683 ($8.92) to GBX 696 ($9.09) and gave the company a “sell” rating in a report on Tuesday, August 6th. Finally, Liberum Capital reiterated a “sell” rating on shares of Pearson in a report on Friday, July 26th. Six investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 771.50 ($10.08).

In related news, insider Coram Williams sold 13,666 shares of the company’s stock in a transaction that occurred on Wednesday, June 19th. The shares were sold at an average price of GBX 824 ($10.77), for a total transaction of £112,607.84 ($147,142.09). Also, insider Elizabeth Corley purchased 1,736 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The shares were acquired at an average price of GBX 816 ($10.66) per share, for a total transaction of £14,165.76 ($18,510.07).

About Pearson

Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.

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Dividend History for Pearson (LON:PSON)

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