Reed Elsevier NV Plans Special Dividend of $0.88 (ENL)
Reed Elsevier NV (NYSE:ENL) declared a special dividend on Tuesday, March 12th. Shareholders of record on Friday, May 3rd will be given a dividend of $0.88 per share on Thursday, May 30th. The ex-dividend date of this dividend is Wednesday, May 1st.
A number of research firms have also recently commented on ENL. Analysts at JPMorgan Chase raised their price target on shares of Reed Elsevier NV from $13.00 to $14.10 in a research note to investors on Friday. On a related note, analysts at Zacks downgraded shares of Reed Elsevier NV from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 8th. They now have a $32.80 price target on the stock. Finally, analysts at Bank of America downgraded shares of Reed Elsevier NV from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, December 13th.
Shares of Reed Elsevier NV (ENL) traded up 0.19% during mid-day trading on Tuesday, hitting $31.51. Reed Elsevier NV (ENL) has a one year low of $20.11 and a one year high of $32.13. The stock’s 50-day moving average is currently $30.80. The company has a market cap of $11.537 billion and a P/E ratio of 13.65.
Reed Elsevier NV is a publisher and information provider. The Company provides professional information solutions in the science, medical, legal, risk and business sectors.
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