Pearson plc (PSON) Declares GBX 5 Dividend

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.

Dividend History for Pearson plc (LON:PSON)

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