Countryside Properties PLC (CSP) Declares Dividend of GBX 6

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).

COPYRIGHT VIOLATION NOTICE: “Countryside Properties PLC (CSP) Declares Dividend of GBX 6” was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2019/05/16/countryside-properties-plc-csp-declares-dividend-of-gbx-6.html.

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.

See Also: What is included in the gross domestic product?

Dividend History for Countryside Properties (LON:CSP)

Receive News & Ratings for Countryside Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Countryside Properties and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply