Pendal Group (ASX:PDL) Shares Down 0.5%

Pendal Group Ltd (ASX:PDL)’s share price fell 0.5% during mid-day trading on Monday . The company traded as low as A$8.50 ($6.03) and last traded at A$8.52 ($6.04), 703,598 shares changed hands during mid-day trading. The stock had previously closed at A$8.56 ($6.07).

The company’s 50-day moving average is A$7.75 and its 200-day moving average is A$7.48. The firm has a market cap of $2.60 billion and a price-to-earnings ratio of 15.23. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.43 and a current ratio of 1.48.

The business also recently disclosed a final dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 19th will be issued a dividend of $0.25 per share. This represents a yield of 3.19%. The ex-dividend date of this dividend is Thursday, December 5th. Pendal Group’s dividend payout ratio is currently 87.89%.

About Pendal Group (ASX:PDL)

Pendal Group Limited is a publicly owned investment manager the firm provides its services to individual and institutional clients. It launches and manages equity, fixed income, multi-assets and balanced mutual funds. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.

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