The Property Franchise Group PLC (LON:TPFG) Raises Dividend to GBX 12 Per Share

The Property Franchise Group PLC (LON:TPFG) announced a dividend on Tuesday, April 8th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 8th will be paid a dividend of GBX 12 ($0.15) per share on Monday, June 2nd. This represents a yield of 2.93%. The ex-dividend date of this dividend is Thursday, May 8th. This is a 100.0% increase from The Property Franchise Group’s previous dividend of $6.00. The official announcement can be viewed at this link.

The Property Franchise Group Trading Up 1.2 %

The Property Franchise Group stock opened at GBX 410.25 ($5.22) on Tuesday. The company has a market capitalization of £260.93 million, a price-to-earnings ratio of 16.95 and a beta of 0.42. The stock’s 50 day moving average is GBX 428.19 and its 200-day moving average is GBX 423.80. The Property Franchise Group has a 12 month low of GBX 336.55 ($4.28) and a 12 month high of GBX 490 ($6.24).

The Property Franchise Group (LON:TPFG) last issued its quarterly earnings data on Tuesday, April 8th. The company reported GBX 31.70 ($0.40) EPS for the quarter. The Property Franchise Group had a return on equity of 8.40% and a net margin of 18.96%. As a group, equities research analysts predict that The Property Franchise Group will post 34.5809601 earnings per share for the current fiscal year.

Insider Buying and Selling at The Property Franchise Group

In other The Property Franchise Group news, insider Michelle Brook sold 8,788 shares of the firm’s stock in a transaction dated Monday, February 17th. The shares were sold at an average price of GBX 439 ($5.59), for a total value of £38,579.32 ($49,108.10). Insiders own 19.92% of the company’s stock.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 589 ($7.50) price objective on shares of The Property Franchise Group in a research note on Thursday, January 30th.

About The Property Franchise Group

The Property Franchise Group PLC (AIM: TPFG) is the UK’s largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business.

The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.