Just Group plc (LON:JUST) Increases Dividend to GBX 1.80 Per Share

Just Group plc (LON:JUST) declared a dividend on Friday, March 7th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 10th will be given a dividend of GBX 1.80 ($0.02) per share on Wednesday, May 14th. This represents a yield of 1.24%. The ex-dividend date is Thursday, April 10th. This is a 157.1% increase from Just Group’s previous dividend of $0.70. The official announcement can be accessed at this link.

Just Group Stock Performance

Shares of Just Group stock opened at GBX 125.33 ($1.60) on Tuesday. The company has a debt-to-equity ratio of 43.09, a current ratio of 2.30 and a quick ratio of 4.87. The firm has a market cap of £1.31 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. Just Group has a one year low of GBX 95 ($1.21) and a one year high of GBX 168.60 ($2.15). The stock’s 50-day moving average is GBX 154.70 and its 200-day moving average is GBX 150.23.

Just Group (LON:JUST) last released its earnings results on Friday, March 7th. The company reported GBX 36 ($0.46) EPS for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. Equities analysts predict that Just Group will post 38.3510638 earnings per share for the current fiscal year.

Insider Activity at Just Group

In other news, insider Mark Godson bought 66,086 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were bought at an average cost of GBX 151 ($1.92) per share, with a total value of £99,789.86 ($127,023.75). 1.99% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 200 ($2.55) target price on shares of Just Group in a research report on Friday, March 7th. Royal Bank of Canada lifted their target price on Just Group from GBX 190 ($2.42) to GBX 200 ($2.55) and gave the company an “outperform” rating in a research report on Friday, March 7th.

Just Group Company Profile

Just Group plc provides various retirement income products and services to individual and corporate clients.in the United Kingdom. It offers defined benefit de-risking solutions, guaranteed income for life, secure lifetime income, care plans, and lifetime mortgage service. The company also engages in professional services and distribution business, which offers technology, broking, and advice solutions for corporate clients and pension schemes; and regulated financial advice for pension, investment, and savings.