Kingfisher plc (LON:KGF) to Issue Dividend of GBX 3.80

Kingfisher plc (LON:KGF) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 10th will be paid a dividend of GBX 3.80 ($0.05) per share by the home improvement retailer on Friday, November 15th. This represents a dividend yield of 1.31%. The ex-dividend date is Thursday, October 10th. The official announcement can be viewed at this link.

Kingfisher Stock Performance

Shares of LON:KGF opened at GBX 330.40 ($4.36) on Thursday. The business’s 50-day simple moving average is GBX 276.43 and its 200 day simple moving average is GBX 257.52. The company has a market cap of £6.05 billion, a P/E ratio of 1,836.64, a PEG ratio of 3.04 and a beta of 0.95. The company has a debt-to-equity ratio of 37.49, a quick ratio of 0.27 and a current ratio of 1.29. Kingfisher has a one year low of GBX 198.30 ($2.62) and a one year high of GBX 333.50 ($4.41).

Analyst Ratings Changes

KGF has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Kingfisher from GBX 310 ($4.10) to GBX 350 ($4.62) and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Kingfisher in a research note on Friday, July 12th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 250 ($3.30) price objective on shares of Kingfisher in a research report on Friday, July 12th.

About Kingfisher

Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.