AJ Bell PLC (LON:AJB) Plans Dividend of GBX 3.33

AJ Bell PLC (LON:AJB) announced a dividend on Thursday, December 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 3.33 ($0.04) per share on Friday, January 31st. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, January 9th. This is a boost from AJ Bell’s previous dividend of $1.50. The official announcement can be seen at this link.

AJB opened at GBX 398 ($5.20) on Friday. The stock has a fifty day moving average of GBX 392 and a 200-day moving average of GBX 398.81. The firm has a market capitalization of $1.63 billion and a P/E ratio of 6.89. AJ Bell has a 12-month low of GBX 162 ($2.12) and a 12-month high of GBX 482 ($6.30). The company has a quick ratio of 5.27, a current ratio of 5.27 and a debt-to-equity ratio of 1.01.

A number of research analysts have recently weighed in on AJB shares. Liberum Capital reiterated a “sell” rating on shares of AJ Bell in a report on Thursday. Berenberg Bank started coverage on AJ Bell in a research note on Thursday, November 21st. They issued a “hold” rating and a GBX 370 ($4.83) price objective for the company.

About AJ Bell

AJ Bell PLC, through its subsidiaries, operates retail investment platforms in the United Kingdom. Its platforms offer investment administration, dealing, and custody services to regulated financial advisers and wealth managers. The company administers investments in SIPPs, ISAs, LISAs, and general investment/dealing accounts.

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