Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) Increases Dividend to $1.65 Per Share

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY) announced a dividend on Tuesday, March 11th, NASDAQ Dividends reports. Shareholders of record on Friday, March 21st will be given a dividend of 1.65 per share on Wednesday, May 21st. The ex-dividend date of this dividend is Friday, March 21st. This is a 200.0% increase from Jardine Matheson’s previous dividend of $0.55.

Jardine Matheson Trading Up 2.7 %

Shares of Jardine Matheson stock traded up $1.10 during trading hours on Wednesday, hitting $41.89. 12,888 shares of the company were exchanged, compared to its average volume of 13,538. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.15 and a quick ratio of 0.95. The business has a 50-day moving average of $40.28 and a 200-day moving average of $39.94. Jardine Matheson has a 1 year low of $34.15 and a 1 year high of $46.00.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Jardine Matheson to a “strong-buy” rating in a research note on Friday, February 28th.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.