JBG SMITH Properties (NYSE:JBGS) Declares $0.18 Quarterly Dividend

JBG SMITH Properties (NYSE:JBGS) announced a quarterly dividend on Thursday, April 25th, NASDAQ reports. Stockholders of record on Friday, May 10th will be given a dividend of 0.175 per share on Friday, May 24th. This represents a $0.70 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Thursday, May 9th.

JBG SMITH Properties has decreased its dividend by an average of 9.1% annually over the last three years.

JBG SMITH Properties Stock Performance

Shares of JBGS stock traded up $0.04 during trading hours on Friday, hitting $15.14. The stock had a trading volume of 357,669 shares, compared to its average volume of 1,013,455. The firm has a market capitalization of $1.39 billion, a PE ratio of -17.96 and a beta of 1.07. JBG SMITH Properties has a twelve month low of $12.63 and a twelve month high of $18.17. The stock’s 50 day moving average is $16.09 and its 200 day moving average is $15.63. The company has a debt-to-equity ratio of 1.14, a current ratio of 3.33 and a quick ratio of 3.33.

Analysts Set New Price Targets

Separately, Evercore ISI decreased their price objective on JBG SMITH Properties from $16.00 to $14.50 and set an “underperform” rating for the company in a report on Wednesday, April 10th.

JBG SMITH Properties Company Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.