Just Energy Group Inc (JE) Announces Quarterly Dividend of C$0.13
Just Energy Group (TSE:JE) declared a quarterly dividend on Tuesday, September 2nd, AnalystRatings.NET reports. Investors of record on Monday, September 15th will be given a dividend of 0.125 per share on Tuesday, September 30th. This represents a $0.50 dividend on an annualized basis and a yield of 7.74%.
Several analysts have recently commented on the stock. Analysts at TD Securities upgraded shares of Just Energy Group from a “reduce” rating to a “hold” rating in a research note on Friday, August 8th. They now have a C$5.50 price target on the stock. On a related note, analysts at RBC Capital cut their price target on shares of Just Energy Group from C$8.00 to C$7.00 in a research note on Monday, June 9th. They now have a “sector perform” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of C$6.06.
Just Energy Group (TSE:JE) opened at 6.46 on Tuesday. Just Energy Group has a 52 week low of $5.39 and a 52 week high of $9.14. The stock has a 50-day moving average of $6.03 and a 200-day moving average of $7.38. The company has a market cap of $937.1 million and a P/E ratio of 7.07.
Just Energy Group Inc (TSE:JE) is engaged in the sale of natural gas and electricity to residential and commercial customers under long-term fixed-price, price-protected or variable-priced contracts.
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