J D Wetherspoon plc (JDW) to Issue Dividend of GBX 12 on November 28th

J D Wetherspoon plc (LON:JDW) declared a dividend on Friday, October 4th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 24th will be paid a dividend of GBX 12 ($0.16) per share on Thursday, November 28th. This represents a dividend yield of 1.64%. The ex-dividend date is Thursday, October 24th. This is an increase from J D Wetherspoon’s previous dividend of $8.00. The official announcement can be viewed at this link.

J D Wetherspoon Trading Up 0.3 %

Shares of LON:JDW opened at GBX 709.78 ($9.22) on Tuesday. J D Wetherspoon has a 52-week low of GBX 587 ($7.62) and a 52-week high of GBX 862.50 ($11.20). The stock has a market cap of £877.43 million, a price-to-earnings ratio of 1,815.38, a PEG ratio of 3.39 and a beta of 1.34. The company has a quick ratio of 0.19, a current ratio of 0.35 and a debt-to-equity ratio of 284.38. The business has a 50-day moving average price of GBX 729.78 and a 200-day moving average price of GBX 742.79.

Analyst Ratings Changes

Separately, Shore Capital restated a “hold” rating on shares of J D Wetherspoon in a research note on Friday, October 4th.

Insider Activity

In other news, insider Timothy (Tim) Martin sold 1,361,000 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of GBX 739 ($9.59), for a total value of £10,057,790 ($13,058,673.07). Company insiders own 31.29% of the company’s stock.

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.