DS Smith Plc (LON:SMDS) to Issue GBX 6.20 Dividend

DS Smith Plc (LON:SMDS - Get Free Report) declared a dividend on Thursday, December 5th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 6.20 ($0.08) per share on Wednesday, January 29th. This represents a dividend yield of 1.07%. The ex-dividend date is Thursday, December 12th. The official announcement can be viewed at this link.

DS Smith Trading Down 2.4 %

Shares of LON:SMDS traded down GBX 14 ($0.18) during midday trading on Thursday, reaching GBX 563 ($7.15). The company had a trading volume of 12,915,575 shares, compared to its average volume of 9,010,249. DS Smith has a 1-year low of GBX 270.30 ($3.43) and a 1-year high of GBX 601.75 ($7.65). The company has a fifty day simple moving average of GBX 512.49 and a two-hundred day simple moving average of GBX 450.48. The company has a debt-to-equity ratio of 70.02, a quick ratio of 0.59 and a current ratio of 0.86. The firm has a market cap of £7.77 billion, a price-to-earnings ratio of 2,010.71, a price-to-earnings-growth ratio of 1.06 and a beta of 0.87.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus cut shares of DS Smith to a "hold" rating and decreased their price objective for the stock from GBX 498 ($6.33) to GBX 480 ($6.10) in a report on Wednesday, September 4th.

DS Smith Company Profile

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.