Pearson plc (LON:PSON) announced a dividend on Friday, August 4th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 17th will be given a dividend of GBX 5 ($0.07) per share on Friday, September 15th. This represents a yield of 0.8%. The ex-dividend date is Thursday, August 17th. The official announcement can be viewed at this link.
Shares of Pearson plc (LON:PSON) opened at 615.50 on Friday. Pearson plc has a 12-month low of GBX 552.00 and a 12-month high of GBX 899.50. The company has a 50-day moving average price of GBX 659.53 and a 200-day moving average price of GBX 666.47. The company’s market cap is GBX 5.02 billion.
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PSON has been the subject of several research analyst reports. Citigroup Inc. reissued a “buy” rating on shares of Pearson plc in a research report on Monday, May 15th. Barclays PLC lifted their price objective on Pearson plc from GBX 625 ($8.14) to GBX 705 ($9.18) and gave the stock an “equal weight” rating in a research report on Wednesday, May 3rd. Kepler Capital Markets lowered Pearson plc to a “hold” rating and set a GBX 725 ($9.44) target price for the company. in a research report on Thursday, May 11th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 600 ($7.81) target price on shares of Pearson plc in a research report on Monday, May 8th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Pearson plc in a research report on Tuesday, July 11th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 695.39 ($9.06).
In related news, insider Lincoln Wallen purchased 581 shares of the business’s stock in a transaction on Friday, June 30th. The stock was acquired at an average price of GBX 697 ($9.08) per share, for a total transaction of £4,049.57 ($5,273.56).
About Pearson plc
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
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