Workspace Group plc (LON:WKP) Announces Dividend Increase – GBX 17.40 Per Share

Workspace Group plc (LON:WKPGet Rating) announced a dividend on Thursday, May 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 6th will be given a dividend of GBX 17.40 ($0.22) per share on Friday, August 4th. This represents a dividend yield of 3.63%. The ex-dividend date of this dividend is Thursday, July 6th. This is a positive change from Workspace Group’s previous dividend of $8.40. The official announcement can be accessed at this link.

Workspace Group Price Performance

Shares of Workspace Group stock opened at GBX 506 ($6.29) on Thursday. Workspace Group has a 52 week low of GBX 335.20 ($4.17) and a 52 week high of GBX 735.59 ($9.15). The company has a current ratio of 0.41, a quick ratio of 0.11 and a debt-to-equity ratio of 52.19. The company’s 50-day moving average price is GBX 462.79 and its two-hundred day moving average price is GBX 469.34. The stock has a market cap of £969.70 million, a PE ratio of 563.29, a price-to-earnings-growth ratio of 1.54 and a beta of 1.14.

Analysts Set New Price Targets

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 600 ($7.46) target price on shares of Workspace Group in a report on Tuesday, May 16th.

About Workspace Group

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Established in 1987, and listed on the London Stock Exchange since 1993, Workspace owns and manages some 4 million sq. ft. of business space in London. We are home to London's brightest businesses, including fast growing and established brands across a wide range of sectors. Workspace is geared towards helping businesses perform at their very best.

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Dividend History for Workspace Group (LON:WKP)

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