Invesco (IVZ) Announces Quarterly Dividend with 5.93% Yield

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3 days ago
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  • Invesco (IVZ, Financial) declares a quarterly dividend with a forward yield of 5.93%.
  • Analyst price targets suggest a potential 6.59% upside from the current price.
  • Invesco holds a "Hold" recommendation with a GF Value indicating a 9.56% downside risk.

Invesco (IVZ) has announced a quarterly dividend of $0.21 per share, promising investors a forward yield of 5.93%. This dividend is set for payment on June 3, with shareholders needing to be on record by May 14, which also marks the ex-dividend date. This announcement could be appealing for income-seeking investors looking to capitalize on consistent dividends.

Wall Street Analysts' Forecast

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Wall Street analysts have provided their one-year price targets for Invesco Ltd (IVZ, Financial), with an average target price set at $15.06. This figure reflects a potential upside of 6.59% from the current trading price of $14.13. The highest estimate reaches $21.00, while the lowest sits at $14.00. For those seeking more comprehensive data, visit the Invesco Ltd (IVZ) Forecast page.

Additionally, Invesco Ltd carries an average brokerage recommendation of 2.9 from 15 firms, conveying a "Hold" position. The rating scale ranges from 1, representing a Strong Buy, to 5, indicating a Sell. This suggests analysts are maintaining caution around the stock's short-term prospects.

Assessing Invesco's GF Value

According to GuruFocus analysis, the estimated GF Value of Invesco Ltd (IVZ, Financial) is projected to reach $12.78 in one year. This assessment includes a projected downside of 9.56% from its current price of $14.13. The GF Value signifies GuruFocus' fair value estimation, calculated from the stock's historical trading multiples, past growth, and future business performance estimates. For a detailed report, visit the Invesco Ltd (IVZ) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.