Tatton Asset Management (LON:TAM) Reaches New 1-Year High Following Dividend Announcement

Shares of Tatton Asset Management plc (LON:TAM) reached a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as GBX 740 ($9.52) and last traded at GBX 723.86 ($9.31), with a volume of 100904 shares traded. The stock had previously closed at GBX 708 ($9.11).

The newly announced dividend which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be issued a dividend of GBX 9.50 ($0.12) per share. This is an increase from Tatton Asset Management’s previous dividend of $8.00. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 1.34%. Tatton Asset Management’s dividend payout ratio is 7,619.05%.

Tatton Asset Management Price Performance

The business has a fifty day simple moving average of GBX 692.10 and a two-hundred day simple moving average of GBX 666.85. The company has a current ratio of 3.70, a quick ratio of 3.50 and a debt-to-equity ratio of 2.83. The stock has a market cap of £424.94 million, a PE ratio of 3,380.95, a P/E/G ratio of 1.91 and a beta of 1.03.

Tatton Asset Management Company Profile

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.