Pearson PLC Declares Semiannual Dividend of $0.46 (PSO)
Pearson PLC (NYSE:PSO) declared a semiannual dividend on Monday, March 4th. Investors of record on Friday, April 5th will be given a dividend of $0.46 per share on Wednesday, May 8th. This represents a yield of 5.14%. The ex-dividend date of this dividend is Wednesday, April 3rd.
A number of research firms have also recently commented on PSO. Analysts at UBS AG reiterated a “buy” rating on shares of Pearson PLC in a research note to investors on Tuesday, February 26th. On the ratings front, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Pearson PLC in a research note to investors on Tuesday, February 26th. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Pearson PLC in a research note to investors on Tuesday, February 26th.
Six investment analysts have rated the stock with a buy rating, three have assigned an overweight rating, eleven have given a hold rating, two have given an underweight rating, and four have issued a sell rating to the company’s stock. The stock has a consensus rating of “hold” and an average price target of $19.26.
Shares of Pearson PLC (PSO) traded up 0.68% during mid-day trading on Monday, hitting $17.73. Pearson PLC (PSO) has a one year low of $17.09 and a one year high of $20.48. The stock’s 50-day moving average is currently $18.75. The company has a market cap of $14.260 billion and a P/E ratio of 27.09.
Pearson plc (Pearson) is an international media business covering education, business information and consumer publishing.
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