Countryside Properties PLC (LON:CSP) announced a dividend on Thursday, May 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 23rd will be paid a dividend of GBX 6 ($0.08) per share on Friday, July 5th. This represents a dividend yield of 1.88%. The ex-dividend date is Thursday, May 23rd. The official announcement can be viewed at this link.
Shares of CSP stock opened at GBX 321.60 ($4.20) on Thursday. Countryside Properties has a 1 year low of GBX 265.60 ($3.47) and a 1 year high of GBX 387 ($5.06). The company has a quick ratio of 0.60, a current ratio of 2.83 and a debt-to-equity ratio of 0.28. The firm has a market cap of $1.42 billion and a PE ratio of 9.87.
CSP has been the topic of a number of analyst reports. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 375 ($4.90) target price on shares of Countryside Properties in a research note on Thursday, April 18th. Berenberg Bank decreased their price target on shares of Countryside Properties from GBX 390 ($5.10) to GBX 370 ($4.83) and set a “buy” rating on the stock in a research note on Monday, January 28th. Peel Hunt reiterated a “buy” rating on shares of Countryside Properties in a research note on Monday, April 15th. Finally, Numis Securities upgraded shares of Countryside Properties to a “buy” rating and decreased their price target for the stock from GBX 410 ($5.36) to GBX 407 ($5.32) in a research note on Thursday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 389.33 ($5.09).
In related news, insider Rebecca J. Worthington sold 102,194 shares of the company’s stock in a transaction dated Monday, February 18th. The shares were sold at an average price of GBX 303 ($3.96), for a total transaction of £309,647.82 ($404,609.72).
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Countryside Properties Company Profile
Countryside Properties PLC operates as a home builder and urban regeneration partner in the United Kingdom. It operates through two divisions, Housebuilding and Partnerships. The Housebuilding division develops large-scale sites, and provides private and affordable homes in London and the South East of England.
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