Wynnstay Group Plc (WYN) To Go Ex-Dividend on March 27th

Wynnstay Group Plc (LON:WYN) declared a dividend on Tuesday, February 11th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 11.90 ($0.15) per share on Wednesday, April 30th. This represents a yield of 3.87%. The ex-dividend date is Thursday, March 27th. This is a 112.5% increase from Wynnstay Group’s previous dividend of $5.60. The official announcement can be seen at this link.

Wynnstay Group Stock Down 1.6 %

LON WYN opened at GBX 300.20 ($3.88) on Tuesday. The company has a market capitalization of £69.18 million, a P/E ratio of 11.15 and a beta of 0.58. Wynnstay Group has a 12 month low of GBX 270 ($3.49) and a 12 month high of GBX 400 ($5.17). The company has a debt-to-equity ratio of 11.53, a current ratio of 2.00 and a quick ratio of 1.03. The company’s 50 day simple moving average is GBX 304.96 and its 200 day simple moving average is GBX 312.60.

Wynnstay Group (LON:WYN) last issued its earnings results on Tuesday, February 11th. The company reported GBX 23.78 ($0.31) earnings per share (EPS) for the quarter. Wynnstay Group had a net margin of 0.97% and a return on equity of 4.69%. Equities research analysts expect that Wynnstay Group will post 24.9054054 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Stephen John Ellwood bought 1,500 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were acquired at an average cost of GBX 328 ($4.24) per share, for a total transaction of £4,920 ($6,357.41). Also, insider Gareth Davies sold 3,304 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of GBX 322 ($4.16), for a total transaction of £10,638.88 ($13,747.10). 26.31% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WYN has been the topic of several research reports. Canaccord Genuity Group dropped their price objective on shares of Wynnstay Group from GBX 470 ($6.07) to GBX 430 ($5.56) and set a “buy” rating on the stock in a report on Thursday, February 13th. Shore Capital reiterated a “house stock” rating on shares of Wynnstay Group in a research report on Tuesday.

About Wynnstay Group

Wynnstay is a leading UK provider of agricultural supplies and services to farmers and rural communities, mainly in England and Wales. It manufactures and supplies a comprehensive range of agricultural inputs for both livestock and arable farmers, including feed, seed and fertiliser. Through its crop marketing arm, GrainLink, it also provides a channel for arable farmers to sell their grain, and its specialist teams provide advice on the latest farming techniques, including environmental measures, and animal health and nutrition.

Wynnstay supplies both direct-to-farm and via its extensive network of depots.