Just Energy Group, Inc. Plans Monthly Dividend of $0.06 (JE)
Just Energy Group (NYSE:JE) announced a monthly dividend on Wednesday, June 4th, American Banking News reports. Stockholders of record on Monday, June 16th will be paid a dividend of 0.0646 per share on Monday, June 30th. This represents a $0.78 annualized dividend and a dividend yield of 13.77%. The ex-dividend date is Thursday, June 12th.
On a related note, analysts at TD Securities downgraded shares of Just Energy Group to a “reduce” rating in a research note on Friday, May 16th.
Shares of Just Energy Group (NYSE:JE) traded up 4.26% on Wednesday, hitting $5.63. 774,070 shares of the company’s stock traded hands. Just Energy Group has a 52 week low of $5.37 and a 52 week high of $8.25. The stock’s 50-day moving average is $7.13 and its 200-day moving average is $7.37. The company has a market cap of $810.6 million and a P/E ratio of 6.21.
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