JBG SMITH Properties (JBGS) to Distribute Quarterly Dividend of $0.17 on August 27th

JBG SMITH Properties (NYSE:JBGS) declared a quarterly dividend on Thursday, July 30th. Investors of record on Thursday, August 13th will be paid a dividend of 0.175 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Thursday, August 13th.

JBG SMITH Properties has decreased its dividend payment by an average of 0.0%annually over the last three years. JBG SMITH Properties has a payout ratio of -36.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

JBG SMITH Properties Stock Down 7.6%

Shares of NYSE:JBGS opened at $11.24 on Tuesday. The stock’s 50-day moving average is $14.35 and its 200 day moving average is $14.98. The company has a market cap of $654.84 million, a PE ratio of -6.01 and a beta of 1.07. The company has a debt-to-equity ratio of 2.22, a current ratio of 4.53 and a quick ratio of 4.53. JBG SMITH Properties has a 1 year low of $10.77 and a 1 year high of $24.30.

JBG SMITH Properties (NYSE:JBGS) last released its quarterly earnings data on Monday, August 10th. The company reported ($1.03) earnings per share for the quarter. JBG SMITH Properties had a negative return on equity of 9.32% and a negative net margin of 22.16%.The business had revenue of $129.38 million during the quarter.

About JBG SMITH Properties

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company’s portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.