John Laing Group PLC Declares Dividend of GBX 1.88 (LON:JLG)

John Laing Group PLC (LON:JLG) declared a dividend on Thursday, August 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 24th will be given a dividend of GBX 1.88 ($0.02) per share on Friday, October 23rd. This represents a yield of 0.66%. The ex-dividend date is Thursday, September 24th. The official announcement can be seen at this link.

JLG opened at GBX 300 ($3.92) on Wednesday. The business has a 50 day simple moving average of GBX 286.68 and a two-hundred day simple moving average of GBX 322.16. The firm has a market capitalization of $1.48 billion and a price-to-earnings ratio of -49.18. The company has a debt-to-equity ratio of 34.10, a current ratio of 0.17 and a quick ratio of 0.17. John Laing Group has a one year low of GBX 251.40 ($3.28) and a one year high of GBX 402.40 ($5.26).

John Laing Group (LON:JLG) last released its quarterly earnings results on Thursday, August 20th. The company reported GBX (19.20) (($0.25)) EPS for the quarter.

In other news, insider Philip Keller bought 30,000 shares of John Laing Group stock in a transaction on Tuesday, September 22nd. The shares were purchased at an average price of GBX 299 ($3.91) per share, for a total transaction of £89,700 ($117,208.94). Also, insider Ben Loomes bought 61,409 shares of John Laing Group stock in a transaction on Wednesday, August 26th. The shares were purchased at an average price of GBX 284 ($3.71) per share, for a total transaction of £174,401.56 ($227,886.53). Insiders have acquired a total of 117,770 shares of company stock worth $33,870,319 in the last quarter.

A number of research analysts have commented on JLG shares. Royal Bank of Canada lowered their price target on John Laing Group from GBX 415 ($5.42) to GBX 375 ($4.90) and set an “outperform” rating for the company in a research report on Tuesday, July 7th. Peel Hunt lowered their price target on John Laing Group from GBX 380 ($4.97) to GBX 360 ($4.70) and set a “buy” rating for the company in a research report on Monday, August 3rd. Finally, Barclays lowered their price target on John Laing Group from GBX 425 ($5.55) to GBX 395 ($5.16) and set an “equal weight” rating for the company in a research report on Thursday, July 2nd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. John Laing Group has an average rating of “Buy” and an average price target of GBX 387.80 ($5.07).

About John Laing Group

John Laing Group plc, an investment holding company, originates, invests in, and manages greenfield infrastructure projects. It operates through Primary Investment, Secondary Investment, and Asset Management segments. The company originates, invests in, and manages social, transport, and environmental infrastructure projects under government backed public-private partnership programs in the Asia Pacific, North America, Contiental Europe, and the United Kingdom; and invests in and manages solar PV parks, onshore and offshore wind farm projects, and biomass plants in the United Kingdom, Irish, French, German, Swedish, and Australian markets.

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Dividend History for John Laing Group (LON:JLG)

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