Plus500 Ltd Announces Dividend of $0.27 (LON:PLUS)

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Plus500 Ltd (LON:PLUS) declared a dividend on Tuesday, August 13th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 29th will be paid a dividend of $0.27 per share on Thursday, November 28th. This represents a dividend yield of 3.46%. The ex-dividend date of this dividend is Thursday, August 29th. The official announcement can be viewed at this link.

Shares of Plus500 stock opened at GBX 681.60 ($8.91) on Wednesday. The stock has a market cap of $769.31 million and a PE ratio of 2.05. The business has a 50 day moving average of GBX 607. Plus500 has a one year low of GBX 399.70 ($5.22) and a one year high of GBX 2,064 ($26.97).

A number of brokerages have recently commented on PLUS. Liberum Capital reiterated a “buy” rating on shares of Plus500 in a report on Tuesday. Peel Hunt lifted their target price on Plus500 from GBX 526 ($6.87) to GBX 600 ($7.84) and gave the stock a “reduce” rating in a report on Tuesday. Finally, Peel Hunt reiterated a “reduce” rating and issued a GBX 600 ($7.84) target price (up previously from GBX 526 ($6.87)) on shares of Plus500 in a report on Monday. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 703.20 ($9.19).

Plus500 Company Profile

Plus500 Ltd. develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its platform allows its customers to trade CFDs over approximately 2,200 financial instruments, such as equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, and foreign exchange in approximately 50 countries in 32 languages.

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Dividend History for Plus500 (LON:PLUS)

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