Tatton Asset Management (LON:TAM) Sets New 52-Week High Following Dividend Announcement

Tatton Asset Management plc (LON:TAM) hit a new 52-week high during mid-day trading on Wednesday following a dividend announcement from the company. The stock traded as high as GBX 740 ($9.52) and last traded at GBX 723.86 ($9.31), with a volume of 100904 shares changing hands. The stock had previously closed at GBX 708 ($9.11).

The newly announced dividend which will be paid on Friday, December 13th. Investors of record on Thursday, November 21st will be paid a GBX 9.50 ($0.12) dividend. This is a boost from Tatton Asset Management’s previous dividend of $8.00. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.34%. Tatton Asset Management’s dividend payout ratio (DPR) is 7,619.05%.

Tatton Asset Management Price Performance

The company has a debt-to-equity ratio of 2.83, a current ratio of 3.70 and a quick ratio of 3.50. The company’s 50 day moving average is GBX 692.06 and its 200 day moving average is GBX 665.92. The stock has a market cap of £428.53 million, a price-to-earnings ratio of 3,409.52, a PEG ratio of 1.91 and a beta of 1.03.

Tatton Asset Management Company Profile

Tatton Asset Management plc provides fund management, compliance consultancy, and technical support services to independent financial advisers in the United Kingdom. The company operates through two segments, Tatton and Paradigm. It also offers investment management, mortgage adviser support, and mortgage and insurance product distribution services.