Kier Group plc (LON:KIE) Increases Dividend to GBX 3.48 Per Share

Kier Group plc (LON:KIE) declared a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Stockholders 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 dividend 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 Stock Down 0.9 %

KIE stock opened at GBX 150.27 ($1.95) on Wednesday. The stock has a market capitalization of £662.27 million, a P/E ratio of 1,378.18, a price-to-earnings-growth ratio of 0.29 and a beta of 1.14. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 302.88. Kier Group has a 12 month low of GBX 95.10 ($1.23) and a 12 month high of GBX 163.27 ($2.12). The firm has a 50-day moving average price of GBX 145.48 and a 200-day moving average price of GBX 143.25.

Analyst Upgrades and Downgrades

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

Kier Group Company Profile

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.