WH Smith Plc (SMWH) Declares Dividend Increase – GBX 33.60 Per Share

WH Smith Plc (LON:SMWH) announced a dividend on Thursday, October 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 11th will be paid a dividend of GBX 33.60 ($0.45) per share on Thursday, February 1st. This represents a yield of 1.62%. The ex-dividend date of this dividend is Thursday, January 11th. This is a boost from WH Smith’s previous dividend of $14.60. The official announcement can be seen at this link.

Shares of WH Smith (SMWH) opened at GBX 2,260 ($30.22) on Friday. WH Smith has a one year low of GBX 1,469 ($19.64) and a one year high of GBX 2,347 ($31.38). The firm has a market cap of $2,510.00 and a P/E ratio of 2,173.08.

Several equities research analysts recently commented on the stock. Deutsche Bank downgraded shares of WH Smith to a “hold” rating and set a GBX 1,950 ($26.07) target price on the stock. in a research report on Friday, September 8th. Barclays restated an “overweight” rating and set a GBX 2,270 ($30.35) price target on shares of WH Smith in a report on Friday, October 13th. Peel Hunt restated a “hold” rating and set a GBX 1,850 ($24.74) price target on shares of WH Smith in a report on Tuesday, December 5th. JPMorgan Chase & Co. raised their price target on shares of WH Smith from GBX 1,950 ($26.07) to GBX 2,150 ($28.75) and gave the stock an “overweight” rating in a report on Friday, October 13th. Finally, Numis Securities upgraded shares of WH Smith to a “hold” rating and set a GBX 1,975 ($26.41) price target for the company in a report on Friday, October 27th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,993.10 ($26.65).

In related news, insider Robert Moorhead sold 25,000 shares of the business’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of GBX 2,035 ($27.21), for a total value of £508,750 ($680,238.00).

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About WH Smith

WH Smith PLC is a United Kingdom-based retailer in convenience, books and news for travelling customers. The Company is a high street stationer, bookseller and newsagent. The Company operates through two segments: High Street and Travel. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer.

Dividend History for WH Smith (LON:SMWH)

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