Petershill Partners (LON:PHLL) Announces Dividend of $0.18

Petershill Partners (LON:PHLL) announced a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be given a dividend of $0.18 per share on Friday, December 20th. This represents a yield of 6.21%. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from Petershill Partners’s previous dividend of $0.14. The official announcement can be seen at this link.

Petershill Partners Stock Performance

PHLL stock opened at GBX 248 ($3.14) on Tuesday. The company has a quick ratio of 6.11, a current ratio of 1.40 and a debt-to-equity ratio of 10.41. The business’s fifty day simple moving average is GBX 218.89 and its two-hundred day simple moving average is GBX 214.25. Petershill Partners has a twelve month low of GBX 141.40 ($1.79) and a twelve month high of GBX 249 ($3.16). The firm has a market cap of £2.68 billion, a price-to-earnings ratio of 1,071.74, a PEG ratio of 1.24 and a beta of 0.59.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PHLL. Berenberg Bank reiterated a “buy” rating and issued a GBX 235 ($2.98) target price on shares of Petershill Partners in a research note on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 245 ($3.11) price target on shares of Petershill Partners in a research note on Thursday, September 5th.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.