JBG SMITH Properties (NYSE:JBGS) Announces $0.17 Quarterly Dividend

JBG SMITH Properties (NYSE:JBGSGet Free Report) announced a quarterly dividend on Thursday, July 30th. Stockholders of record on Thursday, August 13th will be given a dividend of 0.175 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Thursday, August 13th.

JBG SMITH Properties has decreased its dividend by an average of 0.0%annually over the last three years. JBG SMITH Properties has a dividend payout ratio of -36.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

JBG SMITH Properties Price Performance

Shares of JBGS opened at $14.13 on Friday. The company has a 50 day moving average of $14.63 and a two-hundred day moving average of $15.21. JBG SMITH Properties has a twelve month low of $13.71 and a twelve month high of $24.30. The company has a market cap of $823.45 million, a price-to-earnings ratio of -7.56 and a beta of 1.07. The company has a quick ratio of 4.53, a current ratio of 4.53 and a debt-to-equity ratio of 2.22.

JBG SMITH Properties (NYSE:JBGSGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.32) earnings per share for the quarter. JBG SMITH Properties had a negative return on equity of 9.32% and a negative net margin of 22.16%.The business had revenue of $127.60 million during the quarter.

JBG SMITH Properties Company Profile

(Get Free Report)

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company’s portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.

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Dividend History for JBG SMITH Properties (NYSE:JBGS)

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