LSL Property Services plc (LON:LSL) Plans Dividend Increase – GBX 7.40 Per Share

LSL Property Services plc (LON:LSL) declared a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 8th will be given a dividend of GBX 7.40 ($0.10) per share on Friday, June 27th. This represents a yield of 2.79%. The ex-dividend date is Thursday, May 8th. This is a 85.0% increase from LSL Property Services’s previous dividend of $4.00. The official announcement can be accessed at this link.

LSL Property Services Trading Up 1.3 %

LSL Property Services stock opened at GBX 266.50 ($3.43) on Thursday. LSL Property Services has a 12-month low of GBX 252 ($3.24) and a 12-month high of GBX 355 ($4.57). The company has a debt-to-equity ratio of 62.42, a current ratio of 1.30 and a quick ratio of 1.06. The stock has a market capitalization of £274.22 million, a PE ratio of 25.75, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09. The firm has a 50 day simple moving average of GBX 278.28 and a 200-day simple moving average of GBX 288.22.

LSL Property Services (LON:LSL) last announced its quarterly earnings data on Wednesday, March 26th. The company reported GBX 21.10 ($0.27) earnings per share for the quarter. LSL Property Services had a return on equity of 13.68% and a net margin of 6.74%. As a group, equities research analysts expect that LSL Property Services will post 24.137931 EPS for the current fiscal year.

Insider Activity

In related news, insider Adam Castleton acquired 8,725 shares of LSL Property Services stock in a transaction dated Thursday, January 30th. The stock was acquired at an average cost of GBX 295 ($3.80) per share, with a total value of £25,738.75 ($33,138.60). Insiders own 15.29% of the company’s stock.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.