Jersey Electricity plc (JEL) to Issue Dividend of GBX 12 on March 14th

Jersey Electricity plc (LON:JEL) announced a dividend on Thursday, December 18th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, February 20th will be paid a dividend of GBX 12 ($0.15) per share on Friday, March 14th. This represents a yield of 2.73%. The ex-dividend date is Thursday, February 20th. This is a positive change from Jersey Electricity’s previous dividend of $8.40. The official announcement can be accessed at this link.

Jersey Electricity Stock Up 3.3 %

Shares of LON:JEL opened at GBX 449.40 ($5.67) on Tuesday. The firm has a market cap of £139.97 million, a P/E ratio of 12.44 and a beta of 0.18. The company has a quick ratio of 2.90, a current ratio of 2.81 and a debt-to-equity ratio of 13.96. Jersey Electricity has a 12 month low of GBX 400 ($5.05) and a 12 month high of GBX 490 ($6.18). The company’s 50-day moving average price is GBX 434.99 and its two-hundred day moving average price is GBX 434.03.

Jersey Electricity (LON:JEL) last issued its earnings results on Wednesday, December 18th. The company reported GBX 37.92 ($0.48) earnings per share (EPS) for the quarter. Jersey Electricity had a net margin of 8.57% and a return on equity of 4.58%. As a group, research analysts forecast that Jersey Electricity will post 29.6610169 EPS for the current fiscal year.

Jersey Electricity Company Profile

Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and electric heating and hot water, electric transport, outdoor and indoor lighting, electric commercial kitchens, air conditioning, renewable energy, and CosyCare maintenance solutions.