J D Wetherspoon plc (LON:JDW) announced a dividend on Friday, September 15th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 26th will be given a dividend of GBX 8 ($0.11) per share on Thursday, November 30th. This represents a yield of 0.67%. The ex-dividend date of this dividend is Thursday, October 26th. This is a boost from J D Wetherspoon plc’s previous dividend of $4.00. The official announcement can be seen at this link.

Shares of J D Wetherspoon plc (LON JDW) opened at 1241.00 on Friday. J D Wetherspoon plc has a 52-week low of GBX 810.00 and a 52-week high of GBX 1,296.00. The firm’s market cap is GBX 1.32 billion. The company’s 50-day moving average price is GBX 1,190.36 and its 200-day moving average price is GBX 1,057.10.

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In other news, insider John Hutson bought 12,126 shares of the business’s stock in a transaction that occurred on Wednesday, September 27th. The stock was acquired at an average cost of GBX 1,278 ($16.98) per share, for a total transaction of £154,970.28 ($205,913.21). Also, insider Nigel Connor sold 488 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of GBX 1,229 ($16.33), for a total transaction of £5,997.52 ($7,969.07). Insiders purchased a total of 12,160 shares of company stock valued at $15,536,442 over the last quarter.

A number of research firms have issued reports on JDW. Canaccord Genuity increased their target price on J D Wetherspoon plc from GBX 1,000 ($13.29) to GBX 1,040 ($13.82) and gave the stock a “hold” rating in a report on Thursday, July 13th. Numis Securities Ltd reiterated a “reduce” rating and set a GBX 975 ($12.96) target price on shares of J D Wetherspoon plc in a report on Monday, September 18th. Investec reiterated a “buy” rating and set a GBX 1,150 ($15.28) target price on shares of J D Wetherspoon plc in a report on Wednesday, July 12th. Barclays PLC reiterated an “overweight” rating and set a GBX 1,150 ($15.28) target price on shares of J D Wetherspoon plc in a report on Monday, September 11th. Finally, Peel Hunt cut J D Wetherspoon plc to a “reduce” rating and lowered their target price for the stock from GBX 1,000 ($13.29) to GBX 875 ($11.63) in a report on Wednesday, July 5th. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. J D Wetherspoon plc has an average rating of “Hold” and an average price target of GBX 1,007.69 ($13.39).

About J D Wetherspoon plc

J D Wetherspoon plc owns and operates pubs throughout the United Kingdom and Ireland. The Company aims to provide customers with food and drinks. The Company operates a trading estate of approximately 926 pubs. The Company operates over 40 hotels and approximately 900 rooms. The Company’s hotels include George Hotel, the Shrewsbury Hotel and the Unicorn, Ripon.

Dividend History for J D Wetherspoon plc (LON:JDW)

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