Savills plc (LON:SVS) announced a dividend on Thursday, March 15th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 12th will be given a dividend of GBX 25.55 ($0.36) per share on Monday, May 14th. This represents a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, April 12th. This is a positive change from Savills’s previous dividend of $4.65. The official announcement can be accessed at this link.
SVS stock opened at GBX 1,000 ($14.04) on Friday. Savills has a 1 year low of GBX 837 ($11.75) and a 1 year high of GBX 1,046 ($14.68).
Several research firms recently issued reports on SVS. Numis Securities reaffirmed an “add” rating and issued a GBX 1,120 ($15.72) price objective on shares of Savills in a research note on Tuesday, January 16th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 940 ($13.19) price objective on shares of Savills in a research note on Thursday, March 15th. Credit Suisse Group lifted their price objective on shares of Savills from GBX 1,049 ($14.72) to GBX 1,134 ($15.92) and gave the company an “outperform” rating in a research note on Tuesday, March 20th. Finally, Barclays lifted their price objective on shares of Savills from GBX 913 ($12.82) to GBX 959 ($13.46) and gave the company an “equal weight” rating in a research note on Monday, March 19th.
Savills plc is a United Kingdom-based real estate services provider that offers specialist advisory, management and transactional services. The Company’s segments include Transactional Advisory, Consultancy, Property and Facilities Management, and Investment Management. The Transaction Advisory segment consists of commercial, residential, leisure and agricultural leasing, tenant representation and investment advice on purchases and sales.
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