Brewin Dolphin Holdings plc (LON:BRW) Declares Dividend Increase – GBX 12 Per Share

Brewin Dolphin Holdings plc (LON:BRW) announced a dividend on Wednesday, November 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 12 ($0.16) per share on Wednesday, February 12th. This represents a dividend yield of 3.48%. The ex-dividend date of this dividend is Thursday, January 9th. This is a boost from Brewin Dolphin’s previous dividend of $4.40. The official announcement can be seen at this link.

BRW stock opened at GBX 344.40 ($4.50) on Thursday. Brewin Dolphin has a 1 year low of GBX 284.19 ($3.71) and a 1 year high of GBX 365.80 ($4.78). The firm has a market cap of $1.04 billion and a P/E ratio of 19.57. The stock has a 50-day simple moving average of GBX 333.20 and a 200-day simple moving average of GBX 314.02.

A number of research firms have recently issued reports on BRW. Liberum Capital increased their target price on Brewin Dolphin from GBX 342 ($4.47) to GBX 359 ($4.69) and gave the company a “buy” rating in a research note on Wednesday. Peel Hunt reiterated a “buy” rating on shares of Brewin Dolphin in a research note on Wednesday. Finally, Shore Capital reiterated a “buy” rating on shares of Brewin Dolphin in a research note on Wednesday. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 354.20 ($4.63).

Brewin Dolphin Company Profile

Brewin Dolphin Holdings PLC, together with its subsidiaries, provides wealth management services in the United Kingdom, the Channel Islands, and the Republic of Ireland. It also offers investment management, financial planning, advisory, managed portfolio, and Brewin portfolio services, as well as custody, trade execution, and settlement services to private clients, charities, corporates, and intermediaries.

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Dividend History for Brewin Dolphin (LON:BRW)

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