CLS Holdings plc (LON:CLI) Increases Dividend to GBX 2.68 Per Share

CLS Holdings plc (LON:CLI) declared a dividend on Tuesday, April 1st, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 2.68 ($0.03) per share on Friday, May 23rd. This represents a dividend yield of 4.17%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 3.1% increase from CLS’s previous dividend of $2.60. The official announcement can be seen at this link.

CLS Stock Performance

Shares of CLI opened at GBX 62.89 ($0.80) on Tuesday. CLS has a one year low of GBX 60.91 ($0.78) and a one year high of GBX 101.40 ($1.29). The company has a market cap of £250.61 million, a PE ratio of -1.21 and a beta of 1.01. The stock has a 50-day moving average of GBX 71.06 and a 200-day moving average of GBX 80.91. The company has a debt-to-equity ratio of 123.30, a current ratio of 0.73 and a quick ratio of 0.59.

CLS (LON:CLI) last announced its quarterly earnings data on Tuesday, April 1st. The company reported GBX (23.60) (($0.30)) EPS for the quarter. CLS had a negative net margin of 134.11% and a negative return on equity of 23.42%. On average, equities research analysts predict that CLS will post 10.0104167 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 114 ($1.45) price objective on shares of CLS in a research note on Tuesday, April 1st.

CLS Company Profile

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants’ businesses to grow.