WH Smith PLC (SMWH) To Go Ex-Dividend on January 16th

WH Smith PLC (LON:SMWH) declared a dividend on Friday, November 14th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 16th will be paid a dividend of GBX 22.60 ($0.28) per share on Thursday, February 6th. This represents a dividend yield of 1.74%. The ex-dividend date of this dividend is Thursday, January 16th. This is an increase from WH Smith’s previous dividend of $11.00. The official announcement can be viewed at this link.

WH Smith Trading Up 0.5 %

LON SMWH opened at GBX 1,140 ($13.95) on Tuesday. The company has a debt-to-equity ratio of 326.20, a quick ratio of 0.42 and a current ratio of 0.64. WH Smith has a 52 week low of GBX 1,069 ($13.08) and a 52 week high of GBX 1,499 ($18.34). The stock has a market capitalization of £1.49 billion, a price-to-earnings ratio of 2,326.53, a PEG ratio of 2.65 and a beta of 1.67. The stock’s 50 day moving average price is GBX 1,227.08 and its two-hundred day moving average price is GBX 1,275.86.

Insider Buying and Selling

In other WH Smith news, insider Robert Moorhead sold 10,194 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of GBX 1,266 ($15.49), for a total transaction of £129,056.04 ($157,924.67). Also, insider Situl Jobanputra acquired 1,250 shares of WH Smith stock in a transaction on Monday, November 18th. The shares were bought at an average cost of GBX 1,255 ($15.36) per share, for a total transaction of £15,687.50 ($19,196.65). 1.21% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,600 ($19.58) price target on shares of WH Smith in a research report on Tuesday, October 15th. Canaccord Genuity Group cut their price objective on WH Smith from GBX 1,469 ($17.98) to GBX 1,460 ($17.87) and set a “buy” rating for the company in a report on Thursday, November 21st.

About WH Smith

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.