Johnson Matthey PLC (LON:JMAT) to Issue Dividend of GBX 20

Johnson Matthey PLC (LON:JMAT) declared a dividend on Thursday, November 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 26th will be given a dividend of GBX 20 ($0.26) per share on Thursday, February 4th. This represents a yield of 0.78%. The ex-dividend date is Thursday, November 26th. The official announcement can be seen at this link.

JMAT stock opened at GBX 2,348 ($30.68) on Friday. The stock’s fifty day simple moving average is GBX 2,365.69 and its two-hundred day simple moving average is GBX 2,265.78. The company has a current ratio of 1.32, a quick ratio of 0.71 and a debt-to-equity ratio of 50.71. Johnson Matthey has a 1-year low of GBX 1,614 ($21.09) and a 1-year high of GBX 3,146 ($41.10). The stock has a market cap of $4.69 billion and a P/E ratio of 18.23.

In related news, insider Anna Manz acquired 18 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The shares were acquired at an average price of GBX 2,376 ($31.04) per share, with a total value of £427.68 ($558.77).

A number of research analysts have recently commented on JMAT shares. Berenberg Bank upped their price target on Johnson Matthey from GBX 2,700 ($35.28) to GBX 3,000 ($39.20) and gave the company a “buy” rating in a research report on Thursday, September 10th. UBS Group reaffirmed a “sell” rating on shares of Johnson Matthey in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 2,200 ($28.74) price target on shares of Johnson Matthey in a research report on Tuesday, September 22nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 2,555 ($33.38).

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.

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Dividend History for Johnson Matthey (LON:JMAT)

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