Kier Group plc (LON:KIE) to Issue Dividend of GBX 2

Kier Group plc (LON:KIE) announced a dividend on Tuesday, March 11th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be given a dividend of GBX 2 ($0.03) per share on Monday, June 2nd. This represents a yield of 1.66%. The ex-dividend date of this dividend is Thursday, April 24th. The official announcement can be accessed at this link.

Kier Group Price Performance

Kier Group stock opened at GBX 134.60 ($1.80) on Tuesday. The company’s 50 day moving average price is GBX 133.66 and its two-hundred day moving average price is GBX 141.22. The stock has a market cap of £579.40 million, a P/E ratio of 13.55, a P/E/G ratio of 0.29 and a beta of 1.14. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 302.83. Kier Group has a 52 week low of GBX 107.20 ($1.43) and a 52 week high of GBX 163.27 ($2.18).

Kier Group (LON:KIE) last announced its earnings results on Tuesday, March 11th. The company reported GBX 8.70 ($0.12) EPS for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. On average, equities analysts predict that Kier Group will post 20.4913295 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 ($2.81) target price on shares of Kier Group in a research note on Thursday, January 23rd.

Insider Activity at Kier Group

In related news, insider Matthew Lester acquired 16,310 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The shares were purchased at an average cost of GBX 123 ($1.65) per share, for a total transaction of £20,061.30 ($26,845.04). 6.07% of the stock is currently owned by corporate insiders.

Kier Group Company Profile

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.