Kier Group plc (LON:KIE) Announces Dividend Increase – GBX 3.48 Per Share

Posted by Dante Gardener on Oct 23rd, 2024

Kier Group plc (LON:KIE – Get Free Report) announced a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 24th will be given a dividend of GBX 3.48 ($0.05) per share on Friday, November 29th. This represents a yield of 2.32%. The ex-dividend date of this dividend is Thursday, October 24th. This is a positive change from Kier Group’s previous dividend of $1.67. The official announcement can be accessed at this link.

Kier Group Price Performance

LON:KIE opened at GBX 150.27 ($1.95) on Wednesday. Kier Group has a one year low of GBX 95.10 ($1.23) and a one year high of GBX 163.27 ($2.12). The company has a market cap of £662.27 million, a P/E ratio of 1,378.18, a P/E/G ratio of 0.29 and a beta of 1.14. The firm’s fifty day moving average price is GBX 145.48 and its two-hundred day moving average price is GBX 143.25. The company has a debt-to-equity ratio of 302.88, a current ratio of 0.88 and a quick ratio of 0.69.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 210 ($2.73) price objective on shares of Kier Group in a report on Thursday, September 12th.

Check Out Our Latest Report on KIE

Kier Group Company Profile

(Get Free Report)

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.