Smart Metering Systems plc (LON:SMS) Raises Dividend to GBX 6.88 Per Share

Smart Metering Systems plc (LON:SMS) announced a dividend on Monday, September 13th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 30th will be paid a dividend of GBX 6.88 ($0.09) per share on Thursday, October 28th. This represents a dividend yield of 0.67%. The ex-dividend date is Thursday, September 30th. This is a boost from Smart Metering Systems’s previous dividend of $6.25. The official announcement can be seen at this link.

Shares of SMS opened at GBX 901 ($11.77) on Wednesday. The company has a 50 day moving average price of GBX 918.74 and a 200-day moving average price of GBX 858.18. Smart Metering Systems has a fifty-two week low of GBX 560 ($7.32) and a fifty-two week high of GBX 1,038 ($13.56). The stock has a market capitalization of £1.02 billion and a PE ratio of 5.19. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.70 and a current ratio of 2.49.

Several equities research analysts have recently weighed in on SMS shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 878 ($11.47) price target on shares of Smart Metering Systems in a research report on Wednesday, June 23rd. Peel Hunt reaffirmed a “buy” rating and issued a GBX 878 ($11.47) price target on shares of Smart Metering Systems in a research report on Wednesday, June 23rd. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,000 ($13.07) price target on shares of Smart Metering Systems in a research report on Wednesday, July 28th. Finally, Libertas Partners upped their price target on shares of Smart Metering Systems from GBX 1,000 ($13.07) to GBX 1,025 ($13.39) and gave the stock a “buy” rating in a research report on Tuesday, August 31st.

About Smart Metering Systems

Smart Metering Systems plc, together with its subsidiaries, installs, operates, and manages meter and energy infrastructure assets, and related data services in the United Kingdom. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The company engages in the regulated management of gas meters, electric meters, and ADM devices.

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Dividend History for Smart Metering Systems (LON:SMS)

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