Just Group plc (LON:JUST) Declares Dividend Increase – 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 dividend yield of 1.24%. The ex-dividend date of this dividend 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

Shares of JUST opened at GBX 125 ($1.59) on Tuesday. 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 firm has a market cap of £1.31 billion, a PE ratio of 14.54, a PEG ratio of 0.47 and a beta of 1.51. The firm’s 50 day moving average price is GBX 154.70 and its 200 day moving average price is GBX 150.23. Just Group has a twelve month low of GBX 95 ($1.21) and a twelve month high of GBX 168.60 ($2.15).

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

Insider Buying and Selling

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

Analyst Ratings Changes

A number of analysts have weighed in on the company. Royal Bank of Canada boosted their price target on 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. reaffirmed an “overweight” rating and set a GBX 200 ($2.55) target price on shares of Just Group in a research report 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.