Kier Group plc (KIE) to Issue Dividend of GBX 3.48 on November 29th

Kier Group plc (LON:KIE) declared a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 24th will be paid a dividend of GBX 3.48 ($0.05) per share on Friday, November 29th. This represents a dividend yield of 2.32%. The ex-dividend date of this dividend is Thursday, October 24th. This is a boost from Kier Group’s previous dividend of $1.67. The official announcement can be seen at this link.

Kier Group Stock Up 0.7 %

KIE stock opened at GBX 148 ($1.92) on Tuesday. The firm has a market cap of £652.28 million, a price-to-earnings ratio of 1,336.36, a PEG ratio of 0.29 and a beta of 1.14. Kier Group has a 1-year low of GBX 95.10 ($1.23) and a 1-year high of GBX 163.27 ($2.12). The firm has a fifty day moving average price of GBX 145.46 and a two-hundred day moving average price of GBX 143.09. The company has a debt-to-equity ratio of 302.88, a current ratio of 0.88 and a quick ratio of 0.69.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 ($2.73) price objective on shares of Kier Group in a research report on Thursday, September 12th.

Kier Group Company Profile

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.