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Hiscox ( (GB:HSX) ) just unveiled an update.
Hiscox Ltd has announced the Scrip Reference Share Price for its scrip dividend alternative, set at 1,286p. This price will determine the entitlement for shareholders who opted for the scrip dividend instead of the cash dividend for the interim dividend of 14.4 cents per share, payable on 23 September 2025. The reference price is calculated based on the average closing market quotations from the London Stock Exchange over a specified period. The GBP equivalent of the dividend is 10.70p per share, based on the average USD/GBP exchange rate provided by the Bank of England. This announcement reflects Hiscox’s strategic financial management and offers shareholders flexibility in dividend options, potentially impacting shareholder value and market perception.
The most recent analyst rating on (GB:HSX) stock is a Buy with a £1419.00 price target. To see the full list of analyst forecasts on Hiscox stock, see the GB:HSX Stock Forecast page.
Spark’s Take on GB:HSX Stock
According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.
Hiscox’s overall score reflects strong valuation and positive earnings call sentiment, offset by moderate financial performance and neutral technical indicators. The company’s strategic initiatives and robust capital management are key strengths, while challenges in cash flow and market conditions pose risks.
To see Spark’s full report on GB:HSX stock, click here.
More about Hiscox
Hiscox Ltd is a global insurance company based in Bermuda, specializing in niche areas of the insurance market, including property, casualty, and specialty insurance. The company is known for its focus on high-value homes, fine art, and commercial businesses, positioning itself as a leader in the specialty insurance sector.
Average Trading Volume: 1,301,176
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.3B
Learn more about HSX stock on TipRanks’ Stock Analysis page.