Gateley Holdings PLC (LON:GTLY) Increases Dividend to GBX 5.40 Per Share

Gateley Holdings PLC (LON:GTLY) declared a dividend on Tuesday, July 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be given a dividend of GBX 5.40 ($0.07) per share on Wednesday, October 16th. This represents a yield of 3.28%. The ex-dividend date is Thursday, September 19th. This is an increase from Gateley’s previous dividend of $2.60. The official announcement can be viewed at this link.

LON GTLY opened at GBX 164 ($2.14) on Tuesday. The company has a debt-to-equity ratio of 20.01, a quick ratio of 1.69 and a current ratio of 1.80. The company has a market capitalization of $181.97 million and a price-to-earnings ratio of 14.14. The company’s 50-day simple moving average is GBX 162.11 and its two-hundred day simple moving average is GBX 160.30. Gateley has a one year low of GBX 118.40 ($1.55) and a one year high of GBX 183.20 ($2.39).

Separately, FinnCap raised their target price on shares of Gateley from GBX 193 ($2.52) to GBX 210 ($2.74) and gave the company a “corporate” rating in a research report on Tuesday, July 16th.

In other news, insider Nigel Terrence Payne purchased 14,992 shares of the stock in a transaction dated Tuesday, July 16th. The shares were acquired at an average cost of GBX 167 ($2.18) per share, for a total transaction of £25,036.64 ($32,714.80).

Gateley Company Profile

Gateley (Holdings) Plc provides legal advisory services in the United Kingdom, rest of Europe, the Middle East, North and South America, Asia, and internationally. It operates through five segments: Banking and Financial Services; Corporate; Business Services; Employees, Pensions and Benefits; and Property.

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Dividend History for Gateley (LON:GTLY)

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