Hikma Pharmaceuticals Plc (LON:HIK) Announces Dividend of $0.14

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Hikma Pharmaceuticals Plc (LON:HIK) announced a dividend on Friday, August 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be given a dividend of $0.14 per share on Monday, September 23rd. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, August 22nd. The official announcement can be accessed at this link.

Shares of LON:HIK opened at GBX 2,031 ($26.54) on Wednesday. The company has a market cap of $4.89 billion and a price-to-earnings ratio of 13.65. The company has a debt-to-equity ratio of 37.69, a current ratio of 1.28 and a quick ratio of 0.78. The firm has a 50 day simple moving average of GBX 1,852.82 and a 200 day simple moving average of GBX 1,742.82. Hikma Pharmaceuticals has a one year low of GBX 1,491.50 ($19.49) and a one year high of GBX 2,089 ($27.30).

Several brokerages recently commented on HIK. Barclays increased their price objective on shares of Hikma Pharmaceuticals from GBX 1,800 ($23.52) to GBX 1,900 ($24.83) and gave the company an “equal weight” rating in a research note on Tuesday. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 1,700 ($22.21) price objective on shares of Hikma Pharmaceuticals in a research note on Tuesday, June 18th. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 2,050 ($26.79) price objective (up previously from GBX 1,870 ($24.43)) on shares of Hikma Pharmaceuticals in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,848.57 ($24.15).

Hikma Pharmaceuticals Company Profile

Hikma Pharmaceuticals PLC develops, manufactures, and markets a range of generic, branded, and in-licensed pharmaceutical products. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment manufactures, markets, and sells generic injectable products for therapeutic categories, including oncology and anti-viral products to hospitals.

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Dividend History for Hikma Pharmaceuticals (LON:HIK)

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