H&T Group plc (LON:HAT) Declares Dividend Increase – GBX 11 Per Share

H&T Group plc (LON:HAT) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 29th will be paid a dividend of GBX 11 ($0.14) per share on Friday, June 27th. This represents a yield of 2.84%. The ex-dividend date is Thursday, May 29th. This is a 57.1% increase from H&T Group’s previous dividend of $7.00. The official announcement can be accessed at this link.

H&T Group Trading Up 1.6 %

Shares of HAT stock opened at GBX 394.40 ($5.13) on Wednesday. H&T Group has a 52-week low of GBX 325.50 ($4.23) and a 52-week high of GBX 440 ($5.72). The company has a debt-to-equity ratio of 46.82, a quick ratio of 4.55 and a current ratio of 15.96. The firm has a market capitalization of £171.86 million, a PE ratio of 7.80 and a beta of 0.69. The stock has a fifty day simple moving average of GBX 352.35 and a two-hundred day simple moving average of GBX 360.03.

H&T Group (LON:HAT) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 51.17 ($0.67) earnings per share (EPS) for the quarter. H&T Group had a return on equity of 12.14% and a net margin of 9.06%. On average, analysts predict that H&T Group will post 54.3859649 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Shore Capital restated a “house stock” rating on shares of H&T Group in a research report on Tuesday. Canaccord Genuity Group raised their price objective on H&T Group from GBX 531 ($6.90) to GBX 559 ($7.27) and gave the company a “buy” rating in a research report on Tuesday.

About H&T Group

H&T is the UK’s largest pawnbroker and provides a range of financial services to meet customers’ needs. We are the 6th largest retailer of high quality pre-owned and new jewellery and watches.

Our ambition is to make pawnbroking a more widely accepted and valued finance service.