Bellway p.l.c. (BWY) To Go Ex-Dividend on April 3rd

Bellway p.l.c. (LON:BWY) declared a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be paid a dividend of GBX 95 ($1.23) per share on Tuesday, April 8th. This represents a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 150.0% increase from Bellway’s previous dividend of $38.00. The official announcement can be seen at this link.

Bellway Trading Up 0.9 %

Shares of LON:BWY opened at GBX 2,388 ($30.85) on Tuesday. The company has a current ratio of 5.26, a quick ratio of 0.50 and a debt-to-equity ratio of 3.75. The stock has a market capitalization of £2.81 billion, a PE ratio of 21.69, a P/E/G ratio of 3.40 and a beta of 1.46. Bellway has a 1 year low of GBX 2,156 ($27.86) and a 1 year high of GBX 3,384 ($43.72). The firm has a fifty day moving average price of GBX 2,407.31 and a 200 day moving average price of GBX 2,608.26.

Bellway (LON:BWY) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 90.30 ($1.17) earnings per share (EPS) for the quarter. Bellway had a return on equity of 3.78% and a net margin of 5.48%. Analysts expect that Bellway will post 159.0741715 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. upgraded Bellway to an “overweight” rating in a report on Thursday, December 5th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,204.20 ($41.40).

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.