Standard Life Plc (SL) Announces GBX 7 Dividend

Standard Life Plc (LON:SL) announced a dividend on Tuesday, August 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 7th will be paid a dividend of GBX 7 ($0.09) per share on Wednesday, October 18th. This represents a yield of 1.61%. The ex-dividend date is Thursday, September 7th. The official announcement can be seen at this link.

Shares of Standard Life Plc (LON SL) traded down 3.75% during midday trading on Friday, reaching GBX 410.80. The company’s stock had a trading volume of 32,124,771 shares. Standard Life Plc has a one year low of GBX 322.76 and a one year high of GBX 447.60. The firm has a 50-day moving average of GBX 422.60 and a 200-day moving average of GBX 385.80. The stock’s market cap is GBX 8.09 billion.

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SL has been the topic of a number of recent research reports. HSBC Holdings plc raised Standard Life Plc to a “buy” rating and upped their price target for the company from GBX 400 ($5.19) to GBX 460 ($5.97) in a research report on Friday, July 14th. Shore Capital reaffirmed a “hold” rating on shares of Standard Life Plc in a research report on Wednesday, May 10th. Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 370 ($4.80) price target on shares of Standard Life Plc in a research report on Thursday, April 27th. Macquarie reaffirmed an “outperform” rating and set a GBX 435 ($5.65) price target on shares of Standard Life Plc in a research report on Wednesday, April 26th. Finally, Canaccord Genuity reaffirmed a “speculative buy” rating on shares of Standard Life Plc in a research report on Wednesday, May 31st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. Standard Life Plc presently has an average rating of “Hold” and a consensus target price of GBX 430.40 ($5.59).

About Standard Life Plc

Standard Life plc is a United Kingdom-based investment company. The Company operates through four segments, which include Standard Life Investments, Pensions and Savings, India and China, and Other. The Standard Life Investments segment provides a range of investment products for individuals and institutional customers through various investment vehicles.

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