Bellway p.l.c. (LON:BWY) to Issue Dividend of GBX 95

Bellway p.l.c. (LON:BWY) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, April 3rd will be given a dividend of GBX 95 ($1.23) per share on Tuesday, April 8th. This represents a yield of 2.55%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 150.0% increase from Bellway’s previous dividend of $38.00. The official announcement can be accessed at this link.

Bellway Stock Performance

LON:BWY opened at GBX 2,471.26 ($31.93) on Tuesday. The company has a debt-to-equity ratio of 3.75, a quick ratio of 0.50 and a current ratio of 5.26. The stock has a market capitalization of £2.91 billion, a PE ratio of 22.45, a P/E/G ratio of 3.40 and a beta of 1.46. Bellway has a fifty-two week low of GBX 2,156 ($27.86) and a fifty-two week high of GBX 3,384 ($43.73). The company has a fifty day moving average of GBX 2,403.73 and a two-hundred day moving average of GBX 2,632.51.

Bellway (LON:BWY) last announced its earnings results on Tuesday, March 25th. The company reported GBX 90.30 ($1.17) EPS for the quarter. Bellway had a return on equity of 3.78% and a net margin of 5.48%. As a group, research analysts forecast that Bellway will post 159.0741715 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. raised shares of Bellway to an “overweight” rating in a research note on Thursday, December 5th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 3,204.20 ($41.40).

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.