Watkin Jones PLC (LON:WJG) declared a dividend on Tuesday, May 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 6th will be paid a dividend of GBX 2.75 ($0.04) per share on Friday, June 28th. This represents a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 6th. The official announcement can be viewed at this link.
Shares of LON WJG opened at GBX 230 ($3.01) on Tuesday. The company has a market capitalization of $582.73 million and a PE ratio of 13.29. Watkin Jones has a 52-week low of GBX 185.40 ($2.42) and a 52-week high of GBX 238.50 ($3.12). The company has a debt-to-equity ratio of 17.31, a quick ratio of 1.23 and a current ratio of 2.44.
Several brokerages have recently issued reports on WJG. Peel Hunt upped their target price on shares of Watkin Jones from GBX 250 ($3.27) to GBX 265 ($3.46) and gave the stock a “buy” rating in a research note on Tuesday. Jefferies Financial Group reiterated a “buy” rating on shares of Watkin Jones in a research note on Tuesday, April 9th.
In related news, insider Philip Byrom sold 11,500 shares of the stock in a transaction that occurred on Friday, February 22nd. The shares were sold at an average price of GBX 226 ($2.95), for a total transaction of £25,990 ($33,960.54).
About Watkin Jones
Watkin Jones plc engages in the development and the management of properties for residential occupation in the United Kingdom. It develops and constructs multi occupancy property assets focusing on student accommodations. The company operates through Student Accommodation, Build To Rent, Residential, and Accommodation Management segments.
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