Wickes Group plc (LON:WIX) Declares Dividend of GBX 7.30

Wickes Group plc (LON:WIX) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 7.30 ($0.09) per share on Friday, June 6th. This represents a yield of 4.01%. The ex-dividend date is Thursday, April 24th. This is a 102.8% increase from Wickes Group’s previous dividend of $3.60. The official announcement can be viewed at this link.

Wickes Group Stock Down 3.5 %

Shares of Wickes Group stock opened at GBX 175.60 ($2.28) on Friday. The company has a debt-to-equity ratio of 456.98, a current ratio of 1.10 and a quick ratio of 0.58. The company has a 50-day moving average of GBX 167.05 and a 200 day moving average of GBX 161.49. The firm has a market cap of £415.77 million, a price-to-earnings ratio of 14.20, a PEG ratio of 0.79 and a beta of 0.78. Wickes Group has a 1 year low of GBX 130.60 ($1.69) and a 1 year high of GBX 186 ($2.41).

Wickes Group (LON:WIX) last announced its quarterly earnings results on Thursday, March 20th. The company reported GBX 14.10 ($0.18) earnings per share (EPS) for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. As a group, sell-side analysts anticipate that Wickes Group will post 16.2278978 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Shore Capital reiterated a “not rated” rating on shares of Wickes Group in a research report on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 198 ($2.57) price objective on shares of Wickes Group in a research note on Thursday.

Wickes Group Company Profile

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.