WH Smith PLC (SMWH) to Issue Dividend of GBX 22.60 on February 6th

WH Smith PLC (LON:SMWH) announced a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 16th will be given a dividend of GBX 22.60 ($0.28) per share on Thursday, February 6th. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, January 16th. This is a positive change from WH Smith’s previous dividend of $11.00. The official announcement can be accessed at this link.

WH Smith Price Performance

LON:SMWH opened at GBX 1,259 ($15.87) on Friday. The firm has a market cap of £1.65 billion, a price-to-earnings ratio of 2,569.39, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. WH Smith has a 12-month low of GBX 1,069 ($13.47) and a 12-month high of GBX 1,499 ($18.89). The company has a current ratio of 0.64, a quick ratio of 0.42 and a debt-to-equity ratio of 326.20. The company’s 50-day moving average is GBX 1,378.16 and its two-hundred day moving average is GBX 1,256.51.

Analysts Set New Price Targets

SMWH has been the subject of several recent analyst reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,600 ($20.16) target price on shares of WH Smith in a research note on Tuesday, October 15th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,469 ($18.51) price target on shares of WH Smith in a report on Wednesday, September 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,310 ($16.51) price objective on shares of WH Smith in a report on Thursday, September 12th.

About WH Smith

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.