Just Group plc (LON:JUST) Increases Dividend to GBX 1.80 Per Share

Just Group plc (LON:JUST) announced a dividend on Friday, March 7th, DividendData.Co.Uk reports. Investors of record on Thursday, April 10th will be paid a dividend of GBX 1.80 ($0.02) per share on Wednesday, May 14th. This represents a yield of 1.24%. The ex-dividend date is Thursday, April 10th. This is a 157.1% increase from Just Group’s previous dividend of $0.70. The official announcement can be accessed at this link.

Just Group Price Performance

LON JUST opened at GBX 125 ($1.59) on Tuesday. The stock has a market capitalization of £1.31 billion, a P/E ratio of 14.54, a P/E/G ratio of 0.47 and a beta of 1.51. The company has a debt-to-equity ratio of 43.09, a quick ratio of 4.87 and a current ratio of 2.30. The business’s fifty day moving average is GBX 154.70 and its two-hundred day moving average is GBX 150.23. Just Group has a 1 year low of GBX 95 ($1.21) and a 1 year high of GBX 168.60 ($2.15).

Just Group (LON:JUST) last announced its earnings results on Friday, March 7th. The company reported GBX 36 ($0.46) EPS for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. On average, research analysts forecast that Just Group will post 38.3510638 earnings per share for the current fiscal year.

Insider Buying and Selling at Just Group

In related news, insider Mark Godson bought 66,086 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was bought at an average price of GBX 151 ($1.92) per share, with a total value of £99,789.86 ($127,023.75). Company insiders own 1.99% of the company’s stock.

Analyst Ratings Changes

JUST has been the topic of several analyst reports. Royal Bank of Canada lifted their target price on shares of Just Group from GBX 190 ($2.42) to GBX 200 ($2.55) and gave the stock an “outperform” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 200 ($2.55) target price on shares of Just Group in a research note on Friday, March 7th.

About Just Group

Just Group plc provides various retirement income products and services to individual and corporate clients.in the United Kingdom. It offers defined benefit de-risking solutions, guaranteed income for life, secure lifetime income, care plans, and lifetime mortgage service. The company also engages in professional services and distribution business, which offers technology, broking, and advice solutions for corporate clients and pension schemes; and regulated financial advice for pension, investment, and savings.