AA PLC Plans Dividend of GBX 5.70 (AA)

AA PLC (LON:AA) announced a dividend on Tuesday, March 28th. Investors of record on Thursday, May 11th will be paid a dividend of GBX 5.70 ($0.07) per share on Tuesday, June 13th. This represents a yield of 2.16%. The ex-dividend date is Thursday, May 11th. The official announcement can be accessed at this link.

A number of analysts have commented on the company. Credit Suisse Group AG assumed coverage on AA PLC in a research report on Tuesday, May 9th. They issued a “neutral” rating and a GBX 275 ($3.55) price target for the company. Liberum Capital reiterated a “buy” rating and set a GBX 340 ($4.39) target price on shares of AA PLC in a research report on Monday, April 3rd. Citigroup Inc reiterated a “buy” rating and set a GBX 385 ($4.97) target price on shares of AA PLC in a research report on Wednesday, March 29th. Jefferies Group LLC reiterated an “underperform” rating on shares of AA PLC in a research report on Wednesday, March 29th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 315 ($4.07) target price on shares of AA PLC in a research report on Thursday, February 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 340.83 ($4.40).

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About AA PLC

AA plc (AA) offers roadside assistance service. The Company’s segments include Roadside Assistance, Insurance Services, Driving Services, Ireland, Insurance Underwriting and Head Office costs. The Roadside Assistance segment sends patrols to members stranded at the side of the road and repairs their vehicles.

12 Month Chart for LON:AA

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