CLS Holdings plc (LON:CLI) Announces Dividend of GBX 2.68

CLS Holdings plc (LON:CLI) declared a dividend on Tuesday, April 1st, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 2.68 ($0.03) per share on Friday, May 23rd. This represents a yield of 4.17%. The ex-dividend date is Thursday, April 10th. This is a 3.1% increase from CLS’s previous dividend of $2.60. The official announcement can be seen at this link.

CLS Trading Up 2.9 %

Shares of CLI opened at GBX 62.89 ($0.80) on Tuesday. CLS has a fifty-two week low of GBX 60.91 ($0.78) and a fifty-two week high of GBX 101.40 ($1.29). The firm has a market cap of £250.61 million, a price-to-earnings ratio of -1.21 and a beta of 1.01. The firm has a 50 day moving average price of GBX 71.06 and a 200-day moving average price of GBX 80.91. The company has a debt-to-equity ratio of 123.30, a quick ratio of 0.59 and a current ratio of 0.73.

CLS (LON:CLI) last released its earnings results on Tuesday, April 1st. The company reported GBX (23.60) (($0.30)) earnings per share for the quarter. CLS had a negative net margin of 134.11% and a negative return on equity of 23.42%. As a group, equities research analysts forecast that CLS will post 10.0104167 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 114 ($1.45) price target on shares of CLS in a research report on Tuesday, April 1st.

CLS Company Profile

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants’ businesses to grow.