Jet2 plc (JET2) to Issue Dividend of GBX 8 on October 25th

Jet2 plc (LON:JET2) announced a dividend on Thursday, July 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 21st will be paid a dividend of GBX 8 ($0.10) per share on Wednesday, October 25th. This represents a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, September 21st. This is an increase from Jet2’s previous dividend of $3.00. The official announcement can be viewed at this link.

Jet2 Price Performance

Shares of LON:JET2 opened at GBX 1,101.99 ($13.65) on Tuesday. The business has a 50 day moving average price of GBX 1,116.49 and a 200 day moving average price of GBX 1,205.51. Jet2 has a twelve month low of GBX 637.40 ($7.90) and a twelve month high of GBX 1,394.50 ($17.27). The company has a quick ratio of 1.49, a current ratio of 1.33 and a debt-to-equity ratio of 135.82. The company has a market cap of £2.37 billion, a price-to-earnings ratio of 815.67, a PEG ratio of 9.34 and a beta of 2.22.

Wall Street Analyst Weigh In

Separately, Barclays reaffirmed an “overweight” rating and issued a GBX 1,750 ($21.68) price target on shares of Jet2 in a report on Friday.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.