Jet2 plc (LON:JET2) Announces GBX 4.40 Dividend

Jet2 plc (LON:JET2) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 2nd will be paid a dividend of GBX 4.40 ($0.06) per share on Friday, February 7th. This represents a yield of 0.31%. The ex-dividend date of this dividend is Thursday, January 2nd. The official announcement can be accessed at this link.

Jet2 Trading Up 0.1 %

Jet2 stock opened at GBX 1,502 ($18.91) on Friday. The company has a debt-to-equity ratio of 103.30, a quick ratio of 1.49 and a current ratio of 1.36. Jet2 has a fifty-two week low of GBX 1,066 ($13.42) and a fifty-two week high of GBX 1,600 ($20.14). The stock has a market cap of £3.22 billion, a P/E ratio of 882.35, a PEG ratio of 9.34 and a beta of 2.27. The firm’s fifty day moving average price is GBX 1,442.42 and its 200-day moving average price is GBX 1,388.06.

Insider Transactions at Jet2

In other news, insider Rachel Kentleton acquired 1,801 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were bought at an average cost of GBX 1,403 ($17.66) per share, with a total value of £25,268.03 ($31,811.70). Also, insider Angela Luger bought 900 shares of the business’s stock in a transaction on Wednesday, October 9th. The stock was purchased at an average cost of GBX 1,395 ($17.56) per share, with a total value of £12,555 ($15,806.37). Insiders own 20.92% of the company’s stock.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upped their target price on Jet2 from GBX 1,900 ($23.92) to GBX 2,050 ($25.81) and gave the stock a “buy” rating in a research note on Thursday.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.