Relx Plc (LON:REL) Announces Dividend of GBX 448

Relx Plc (LON:REL) declared a dividend on Thursday, February 13th, DividendData.Co.Uk reports. Investors of record on Thursday, May 8th will be given a dividend of GBX 448 ($5.96) per share on Thursday, June 19th. This represents a yield of 1.19%. The ex-dividend date of this dividend is Thursday, May 8th. This is a 2,361.5% increase from Relx’s previous dividend of $18.20. The official announcement can be accessed at this link.

Relx Price Performance

REL stock opened at GBX 4,109 ($54.62) on Tuesday. The business has a 50 day simple moving average of GBX 3,835.18 and a 200-day simple moving average of GBX 3,797.67. The company has a market capitalization of £75.98 billion, a P/E ratio of 41.02, a PEG ratio of 2.69 and a beta of 0.48. Relx has a twelve month low of GBX 3,386 ($45.01) and a twelve month high of GBX 4,205 ($55.90). The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69.

Relx (LON:REL) last released its earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.60) earnings per share (EPS) for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. As a group, equities analysts anticipate that Relx will post 134.0035675 EPS for the current year.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 4,770 ($63.41) target price on shares of Relx in a report on Tuesday, February 18th.

Insider Transactions at Relx

In other news, insider Erik Engstrom sold 128,798 shares of the company’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of GBX 4,073 ($54.14), for a total transaction of £5,245,942.54 ($6,973,205.56). Also, insider Alistair R. Cox acquired 876 shares of the company’s stock in a transaction dated Thursday, April 24th. The shares were purchased at an average price of GBX 3,970 ($52.77) per share, with a total value of £34,777.20 ($46,227.83). Corporate insiders own 0.42% of the company’s stock.

About Relx

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.