Bellway p.l.c. (LON:BWY) Plans Dividend of GBX 95

Bellway p.l.c. (LON:BWY - Get Free Report) declared a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 95 ($1.23) per share on Tuesday, April 8th. This represents a yield of 2.55%. The ex-dividend date of this dividend is Thursday, April 3rd. This is a 150.0% increase from Bellway's previous dividend of $38.00. The official announcement can be accessed at this link.

Bellway Trading Up 0.6 %

Shares of Bellway stock traded up GBX 14 ($0.18) during mid-day trading on Friday, hitting GBX 2,396 ($31.01). 592,048 shares of the stock were exchanged, compared to its average volume of 1,315,609. The stock has a market capitalization of £2.82 billion, a price-to-earnings ratio of 21.77, a price-to-earnings-growth ratio of 3.40 and a beta of 1.46. Bellway has a twelve month low of GBX 2,156 ($27.91) and a twelve month high of GBX 3,384 ($43.80). The company has a current ratio of 5.26, a quick ratio of 0.50 and a debt-to-equity ratio of 3.75. The company has a 50-day simple moving average of GBX 2,408.09 and a 200 day simple moving average of GBX 2,617.04.

Bellway (LON:BWY - Get Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 90.30 ($1.17) earnings per share (EPS) for the quarter. Bellway had a net margin of 5.48% and a return on equity of 3.78%. Research analysts forecast that Bellway will post 159.0741715 EPS for the current year.

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Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised Bellway to an "overweight" rating in a research report on Thursday, December 5th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 3,204.20 ($41.47).

About Bellway

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.