easyJet plc (LON:EZJ) to Issue Dividend Increase – GBX 12.10 Per Share

easyJet plc (LON:EZJ) announced a dividend on Wednesday, November 27th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, February 20th will be paid a dividend of GBX 12.10 ($0.15) per share on Friday, March 21st. This represents a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, February 20th. This is a positive change from easyJet’s previous dividend of $4.50. The official announcement can be accessed at this link.

easyJet Stock Performance

Shares of easyJet stock traded down GBX 3.20 ($0.04) during trading on Wednesday, hitting GBX 537.20 ($6.75). 16,075,801 shares of the company’s stock traded hands, compared to its average volume of 5,792,745. easyJet has a 1 year low of GBX 401.40 ($5.05) and a 1 year high of GBX 591.07 ($7.43). The business has a 50-day simple moving average of GBX 516.15 and a 200-day simple moving average of GBX 482.18. The stock has a market capitalization of £4.05 billion, a P/E ratio of 1,102.86, a PEG ratio of 0.59 and a beta of 2.49. The company has a debt-to-equity ratio of 132.04, a current ratio of 1.03 and a quick ratio of 1.09.

easyJet Company Profile

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.