Barclays PLC (NYSE:BCS) announced a semi-annual dividend on Friday, February 19th, Wall Street Journal reports. Stockholders of record on Friday, February 26th will be given a dividend of 0.0555 per share by the financial services provider on Thursday, April 1st. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 25th.
Barclays has decreased its dividend by 100.0% over the last three years. Barclays has a payout ratio of 13.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Barclays to earn $1.00 per share next year, which means the company should continue to be able to cover its $0.11 annual dividend with an expected future payout ratio of 11.0%.
NYSE:BCS opened at $8.57 on Tuesday. The firm has a market cap of $37.18 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 4.13 and a beta of 1.58. Barclays has a fifty-two week low of $3.41 and a fifty-two week high of $8.80. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.52 and a current ratio of 1.50. The business has a 50 day moving average price of $8.00 and a 200-day moving average price of $6.67.
Barclays Plc operates as a bank holding company that engages in the business of providing retail banking, credit cards, corporate and investment banking and wealth management services. The company operates through two divisions: Barclays UK and Barclays International. The Barclays UK division comprises the U.K.
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