Jersey Electricity plc (LON:JEL) to Issue Dividend Increase – GBX 12 Per Share

Jersey Electricity plc (LON:JEL) announced a dividend on Wednesday, December 18th,Upcoming Dividends.Co.Uk reports. Investors of record on Friday, February 21st will be given a dividend of GBX 12 ($0.15) per share on Friday, March 14th. This represents a dividend yield of 2.73%. The ex-dividend date is Friday, February 21st. This is a boost from Jersey Electricity’s previous dividend of $8.40. The official announcement can be seen at this link.

Jersey Electricity Price Performance

Jersey Electricity stock opened at GBX 431.20 ($5.42) on Thursday. The stock has a 50-day moving average price of GBX 432.78 and a two-hundred day moving average price of GBX 445.27. Jersey Electricity has a 12 month low of GBX 400 ($5.03) and a 12 month high of GBX 490 ($6.16). The company has a market capitalization of £50.19 million, a PE ratio of 1,165.41 and a beta of 0.18. The company has a current ratio of 3.57, a quick ratio of 2.90 and a debt-to-equity ratio of 13.55.

About Jersey Electricity

Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and electric heating and hot water, electric transport, outdoor and indoor lighting, electric commercial kitchens, air conditioning, renewable energy, and CosyCare maintenance solutions.