Watkin Jones PLC (WJG) Increases Dividend to GBX 4.40 Per Share

Watkin Jones PLC (LON:WJG) declared a dividend on Monday, January 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 25th will be given a dividend of GBX 4.40 ($0.06) per share on Wednesday, February 28th. This represents a yield of 2.13%. The ex-dividend date is Thursday, January 25th. This is a boost from Watkin Jones’s previous dividend of $2.20. The official announcement can be seen at this link.

Watkin Jones (LON WJG) opened at GBX 208.50 ($2.83) on Friday. The company has a market capitalization of $528.41 and a price-to-earnings ratio of 1,489.29. Watkin Jones has a fifty-two week low of GBX 120.25 ($1.63) and a fifty-two week high of GBX 251.25 ($3.41).

Several research analysts have commented on WJG shares. Peel Hunt raised their price objective on Watkin Jones from GBX 225 ($3.05) to GBX 230 ($3.12) and gave the stock a “buy” rating in a report on Wednesday, September 27th. Beaufort Securities restated a “speculative buy” rating and set a GBX 225 ($3.05) price objective on shares of Watkin Jones in a report on Thursday, January 4th.

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Watkin Jones Company Profile

Watkin Jones plc is a United Kingdom-based construction and development company. The principal activities of the Company and its subsidiaries are those of property development and the management of properties for multiple residential occupation. The Company’s segments include student accommodation development, residential development, student accommodation management and corporate.

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