LSL Property Services plc (LON:LSL) Raises Dividend to GBX 7.40 Per Share

LSL Property Services plc (LON:LSL) announced a dividend on Wednesday, March 26th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 8th will be given a dividend of GBX 7.40 ($0.10) per share on Friday, June 27th. This represents a dividend yield of 2.79%. The ex-dividend date of this dividend is Thursday, May 8th. This is a 85.0% increase from LSL Property Services’s previous dividend of $4.00. The official announcement can be viewed at this link.

LSL Property Services Trading Up 1.5 %

LON:LSL traded up GBX 4 ($0.05) during midday trading on Wednesday, reaching GBX 269 ($3.48). 29,817 shares of the stock traded hands, compared to its average volume of 76,772. The stock has a market capitalization of £276.80 million, a P/E ratio of 26.00, a PEG ratio of 1.49 and a beta of 1.09. LSL Property Services has a 12 month low of GBX 252 ($3.26) and a 12 month high of GBX 355 ($4.60). The company has a debt-to-equity ratio of 62.42, a quick ratio of 1.06 and a current ratio of 1.30. The company has a fifty day moving average of GBX 278.36 and a 200 day moving average of GBX 288.71.

LSL Property Services (LON:LSL) last released its quarterly earnings data on Wednesday, March 26th. The company reported GBX 21.10 ($0.27) earnings per share for the quarter. LSL Property Services had a return on equity of 13.68% and a net margin of 6.74%. On average, research analysts predict that LSL Property Services will post 24.137931 EPS for the current year.

Insider Transactions at LSL Property Services

In related news, insider Adam Castleton acquired 8,725 shares of the company’s stock in a transaction on Thursday, January 30th. The stock was acquired at an average price of GBX 295 ($3.82) per share, with a total value of £25,738.75 ($33,323.08). Corporate insiders own 15.29% of the company’s stock.

About LSL Property Services

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.