Tatton Asset Management (LON:TAM) Reaches New 1-Year High Following Dividend Announcement

Shares of Tatton Asset Management plc (LON:TAM) hit a new 52-week high during trading on Wednesday following a dividend announcement from the company. The company traded as high as GBX 740 ($9.52) and last traded at GBX 723.86 ($9.31), with a volume of 100904 shares. 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 given a GBX 9.50 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from Tatton Asset Management’s previous dividend of $8.00. This represents a yield of 1.34%. Tatton Asset Management’s dividend payout ratio is 7,619.05%.

Tatton Asset Management Price Performance

The firm has a market capitalization of £424.94 million, a P/E ratio of 3,380.95, a PEG ratio of 1.91 and a beta of 1.03. The company has a debt-to-equity ratio of 2.83, a quick ratio of 3.50 and a current ratio of 3.70. The firm has a 50-day moving average of GBX 692.10 and a 200-day moving average of GBX 666.85.

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.