Watkin Jones PLC (LON:WJG) to Issue Dividend Increase – GBX 5.60 Per Share

Watkin Jones PLC (LON:WJG) declared a dividend on Tuesday, January 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 23rd will be given a dividend of GBX 5.60 ($0.07) per share on Friday, February 28th. This represents a yield of 2.26%. The ex-dividend date of this dividend is Thursday, January 23rd. This is an increase from Watkin Jones’s previous dividend of $2.75. The official announcement can be viewed at this link.

LON:WJG opened at GBX 253.33 ($3.33) on Wednesday. The stock’s fifty day moving average price is GBX 243.61 and its two-hundred day moving average price is GBX 225.35. Watkin Jones has a 52-week low of GBX 195.40 ($2.57) and a 52-week high of GBX 260 ($3.42). The company has a debt-to-equity ratio of 22.05, a quick ratio of 1.63 and a current ratio of 3.03. The company has a market cap of $647.81 million and a price-to-earnings ratio of 16.14.

Several research analysts have issued reports on the company. Peel Hunt reaffirmed a “buy” rating on shares of Watkin Jones in a report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 279 ($3.67) price objective (up previously from GBX 253 ($3.33)) on shares of Watkin Jones in a report on Friday, September 27th.

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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Dividend History for Watkin Jones (LON:WJG)

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