J Sainsbury plc (JSAIY) To Go Ex-Dividend on June 6th

J Sainsbury plc (OTCMKTS:JSAIY) declared a dividend on Tuesday, June 3rd, investing.com reports. Stockholders of record on Monday, June 9th will be given a dividend of 0.4798 per share on Monday, July 21st. This represents a dividend yield of 4.13%. The ex-dividend date is Friday, June 6th. This is a 136.9% increase from J Sainsbury’s previous dividend of $0.20.

J Sainsbury Stock Performance

Shares of OTCMKTS:JSAIY opened at $15.99 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.57. The firm has a 50 day moving average of $14.05 and a 200 day moving average of $13.52. J Sainsbury has a 52 week low of $11.68 and a 52 week high of $16.43.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on JSAIY shares. BNP Paribas downgraded J Sainsbury from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 1st. Hsbc Global Res upgraded shares of J Sainsbury from a “hold” rating to a “strong-buy” rating in a report on Friday, March 21st. Jefferies Financial Group lowered shares of J Sainsbury from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Finally, Kepler Capital Markets cut shares of J Sainsbury from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 23rd. Three research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

About J Sainsbury

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.