Wynnstay Group Plc (LON:WYN) Increases Dividend to GBX 11.75 Per Share

Wynnstay Group Plc (LON:WYN) announced a dividend on Tuesday, January 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 28th will be given a dividend of GBX 11.75 ($0.15) per share on Tuesday, April 30th. This represents a dividend yield of 3.62%. The ex-dividend date of this dividend is Thursday, March 28th. This is a positive change from Wynnstay Group’s previous dividend of $5.50. The official announcement can be accessed at this link.

Wynnstay Group Stock Up 1.2 %

WYN opened at GBX 369.22 ($4.67) on Wednesday. The company has a debt-to-equity ratio of 15.02, a current ratio of 2.04 and a quick ratio of 1.03. The business has a 50 day simple moving average of GBX 372.71 and a 200-day simple moving average of GBX 376.72. The stock has a market capitalization of £84.85 million, a P/E ratio of 1,216.67 and a beta of 0.62. Wynnstay Group has a 12 month low of GBX 296.55 ($3.75) and a 12 month high of GBX 560 ($7.08).

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on WYN shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 520 ($6.57) price objective on shares of Wynnstay Group in a research note on Monday, December 4th. Shore Capital reaffirmed a “house stock” rating on shares of Wynnstay Group in a research note on Monday, February 26th.

About Wynnstay Group

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers feeds for farm livestock, feed raw materials for farmers and other manufacturers; seeds, fertiliser and agrochemicals; and grain marketing services.