Wickes Group plc (LON:WIX) Plans Dividend of GBX 7.30

Wickes Group plc (LON:WIX) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 7.30 ($0.09) per share on Friday, June 6th. This represents a dividend yield of 4.01%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 102.8% increase from Wickes Group’s previous dividend of $3.60. The official announcement can be seen at this link.

Wickes Group Stock Performance

LON:WIX opened at GBX 175.60 ($2.28) on Friday. The company’s 50-day moving average price is GBX 167.05 and its 200-day moving average price is GBX 161.49. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98. The company has a market cap of £415.77 million, a P/E ratio of 14.20, a P/E/G ratio of 0.79 and a beta of 0.78. Wickes Group has a twelve month low of GBX 130.60 ($1.69) and a twelve month high of GBX 186 ($2.41).

Wickes Group (LON:WIX) last posted its quarterly earnings results on Thursday, March 20th. The company reported GBX 14.10 ($0.18) earnings per share for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. On average, sell-side analysts forecast that Wickes Group will post 16.2278978 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

WIX has been the subject of several recent analyst reports. Shore Capital restated a “not rated” rating on shares of Wickes Group in a research report on Thursday. Canaccord Genuity Group restated a “buy” rating and set a GBX 198 ($2.57) price objective on shares of Wickes Group in a research report on Thursday.

About Wickes Group

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.