NEXT plc (NXT) To Go Ex-Dividend on December 5th

NEXT plc (LON:NXT) announced a dividend on Thursday, September 19th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 75 ($0.95) per share on Friday, January 3rd. This represents a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be accessed at this link.

NEXT Stock Performance

LON NXT opened at £102.45 ($129.67) on Tuesday. The company’s 50-day simple moving average is GBX 9,934.26 and its 200 day simple moving average is GBX 9,604.52. The stock has a market cap of £12.23 billion, a P/E ratio of 1,554.03, a PEG ratio of 5.66 and a beta of 1.37. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 125.90. NEXT has a twelve month low of GBX 7,952 ($100.65) and a twelve month high of £111.04 ($140.54).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “not rated” rating on shares of NEXT in a report on Thursday, September 19th.

Insiders Place Their Bets

In related news, insider Jeremy Stakol sold 26,523 shares of NEXT stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of GBX 9,879 ($125.03), for a total value of £2,620,207.17 ($3,316,298.15). Also, insider Wolfson Aspley Guise sold 290,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of £100.65 ($127.39), for a total value of £29,188,500 ($36,942,792.05). Corporate insiders own 6.69% of the company’s stock.

NEXT Company Profile

NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.