Premier Asset Management Group (PAM) Reaches New 12-Month High at $215.00

Premier Asset Management Group PLC (LON:PAM)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 215 ($2.89) and last traded at GBX 213 ($2.87), with a volume of 581271 shares. The stock had previously closed at GBX 213 ($2.87).

Several research firms have commented on PAM. Numis Securities reissued an “add” rating and issued a GBX 185 ($2.49) target price on shares of Premier Asset Management Group in a report on Friday, September 1st. Liberum Capital began coverage on shares of Premier Asset Management Group in a research note on Tuesday, September 26th. They issued a “buy” rating and a GBX 249 ($3.35) price target on the stock.

The firm also recently announced a dividend, which will be paid on Friday, January 5th. Stockholders of record on Thursday, December 7th will be given a dividend of GBX 4.25 ($0.06) per share. This is a positive change from Premier Asset Management Group’s previous dividend of $1.25. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, December 7th.

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About Premier Asset Management Group

Premier Asset Management Group PLC is a retail asset management group with a focus on delivering investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. The Company offers a range of investment types, including mutual funds, closed-ended investment companies and a portfolio management service.

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