On May 23, 2023, the Board of Directors at 3i Group plc – ADR announced a semi-annual dividend of $0.18 per share ($0.37 annualized), an increase from the previously paid $0.14 per share. To be eligible for the dividend, shares must be purchased before the ex-dividend date of June 22, 2023. The dividend will be paid on August 14, 2023, to shareholders of record as of June 23, 2023. The stock’s dividend yield is 3.07% based on the current share price of $11.98/share.
If you’re looking to harvest dividends, Fintel provides a Dividend Capture Calendar to easily buy stock, capture dividends, sell stock and repeat.
There are 6 funds or institutions reporting positions in 3i Group plc – ADR, remaining unchanged from the previous quarter. The total shares owned by institutions decreased by 7.88% over the last three months to 4,610K shares. The average portfolio weight of all funds dedicated to TGOPY is 0.10%, indicating an increase of 20.91%.
As of May 11, 2023, the average one-year price target for 3i Group plc – ADR is $13.87, with the forecasts ranging from a low of $11.87 to a high of $16.03. The projection indicates an increase of 15.76% from its latest closing price of $11.98/share.
3i Group plc – ADR is projected to have an annual revenue of 2,859MM and an annual non-GAAP EPS of 2.33.
Cullen Capital Management, Trust for Professional Managers-PMC Diversified Equity Fund Advisor Class Shares, Boston Private Wealth, and PNC Financial Services Group, amongst other shareholders, have been reported to decrease their allocation in TGOPY during the last quarter, except for PMDEX, which significantly increased its portfolio allocation in TGOPY by 657.66%
This news originally appeared on Fintel.
The author’s views and opinions do not necessarily reflect those of Nasdaq, Inc.
