Taylor Wimpey plc (LON:TW) Plans GBX 4.79 Dividend

Taylor Wimpey plc (LON:TW) declared a dividend on Wednesday, February 28th, Upcoming.Co.Uk reports. Investors of record on Thursday, March 28th will be paid a dividend of GBX 4.79 ($0.06) per share by the homebuilder on Friday, May 10th. This represents a yield of 3.41%. The ex-dividend date of this dividend is Thursday, March 28th. The official announcement can be accessed at this link.

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock opened at GBX 140.55 ($1.78) on Wednesday. Taylor Wimpey has a one year low of GBX 98.92 ($1.25) and a one year high of GBX 150.60 ($1.90). The stock’s fifty day moving average is GBX 142.97 and its 200 day moving average is GBX 131.61. The stock has a market cap of £4.98 billion, a P/E ratio of 1,405.50, a P/E/G ratio of 2.01 and a beta of 1.77. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.71 and a current ratio of 5.37.

Insider Buying and Selling at Taylor Wimpey

In other Taylor Wimpey news, insider Jennie Daly sold 104,503 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of GBX 134 ($1.69), for a total transaction of £140,034.02 ($176,967.04). Insiders have acquired a total of 313 shares of company stock valued at $45,043 over the last ninety days. 0.83% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TW. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a GBX 175 ($2.21) target price on shares of Taylor Wimpey in a report on Thursday, February 29th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 130 ($1.64) target price on shares of Taylor Wimpey in a report on Monday, March 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Taylor Wimpey presently has a consensus rating of “Hold” and a consensus price target of GBX 134.60 ($1.70).

Taylor Wimpey Company Profile

Taylor Wimpey plc operates a residential developer in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.