J Sainsbury plc (LON:SBRY) to Issue GBX 3.90 Dividend

J Sainsbury plc (LON:SBRY - Get Free Report) announced a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 14th will be paid a dividend of GBX 3.90 ($0.05) per share by the grocer on Friday, December 20th. This represents a dividend yield of 1.46%. The ex-dividend date is Thursday, November 14th. The official announcement can be accessed at this link.

J Sainsbury Stock Down 4.1 %

Shares of LON:SBRY traded down GBX 11 ($0.14) during trading on Thursday, reaching GBX 256.80 ($3.34). 19,269,658 shares of the company traded hands, compared to its average volume of 7,484,734. The firm has a fifty day simple moving average of GBX 285.37 and a 200 day simple moving average of GBX 274.59. The firm has a market cap of £5.98 billion, a P/E ratio of 4,323.33, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67. J Sainsbury has a 1-year low of GBX 244.70 ($3.19) and a 1-year high of GBX 311.16 ($4.05). The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "house stock" rating on shares of J Sainsbury in a research note on Thursday.

J Sainsbury Company Profile

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.