By Frank Prenesti
Date: Wednesday 03 Nov 2021
LONDON (ShareCast) - (Sharecast News) - Wealth fund manager Quilter on Wednesday said it aimed to more than double operating profit by 2025 and would return £350m from the sale of its international unit to shareholders.
The company also revised its dividend policy with a new target pay-out range of 50% -70% of post-tax, post-interest adjusted profits, up from 40% - 60% of post-tax adjusted profits.
Quilter also said assets under management and administration rose to £108.5bn in the three months to September 30 from £91.7bn a year ago.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 112.00p |
Change Today | 0.20p |
% Change | 0.18 % |
52 Week High | 114.70p |
52 Week Low | 71.30p |
Volume | 2,436,878 |
Shares Issued | 1,404.11m |
Market Cap | £1,572.60m |
RiskGrade | 118 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 2 |
Buy | 2 |
Neutral | 7 |
Sell | 2 |
Strong Sell | 1 |
Total | 14 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 18-Apr-24 | 31-Aug-23 |
Paid | 28-May-24 | 18-Sep-23 |
Amount | 3.70p | 1.50p |
Time | Volume / Share Price |
16:49 | 526,501 @ 114.70p |
16:35 | 355,066 @ 112.00p |
16:35 | 4,040 @ 112.00p |
16:35 | 1,930 @ 112.00p |
16:35 | 380 @ 112.00p |
You are here: research