TUI AG (TUI) to Issue Dividend of €0.72 on February 26th
TUI AG (LON:TUI) declared a dividend on Thursday, December 13th, Upcoming.Co.Uk reports. Shareholders of record on Wednesday, February 13th will be paid a dividend of €0.72 ($0.84) per share on Tuesday, February 26th. This represents a yield of 5.43%. The ex-dividend date is Wednesday, February 13th. This is a boost from TUI’s previous dividend of $0.65. The official announcement can be seen at this link.
Shares of LON:TUI opened at GBX 930.60 ($12.16) on Tuesday. TUI has a 52-week low of GBX 934.38 ($12.21) and a 52-week high of GBX 1,687.93 ($22.06).
TUI has been the topic of several recent research reports. UBS Group reiterated a “sell” rating on shares of TUI in a report on Monday, November 26th. Shore Capital restated a “buy” rating on shares of TUI in a report on Thursday, February 7th. Barclays restated an “overweight” rating on shares of TUI in a report on Friday, December 14th. Finally, Citigroup upgraded TUI to a “buy” rating and raised their target price for the company from GBX 1,250 ($16.33) to GBX 1,550 ($20.25) in a report on Monday, February 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 1,600.83 ($20.92).
TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Robinson, Riu, TUI Blue, and TUI Magic Life brands, as well as involved in the tour operation and airlines businesses. The company also operates cruise liners; and provides incoming agency services.
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