Wickes Group plc (LON:WIX) Increases Dividend to GBX 7.30 Per Share

Wickes Group plc (LON:WIX - Get Free Report) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be given a dividend of GBX 7.30 ($0.09) per share on Friday, June 6th. This represents a yield of 4.01%. The ex-dividend date is Thursday, April 24th. This is a 102.8% increase from Wickes Group's previous dividend of $3.60. The official announcement can be viewed at this link.

Wickes Group Stock Up 1.7 %

Shares of Wickes Group stock traded up GBX 3 ($0.04) during trading on Tuesday, reaching GBX 175.60 ($2.27). The stock had a trading volume of 30,075,727 shares, compared to its average volume of 2,402,550. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98. The company has a market capitalization of £415.77 million, a price-to-earnings ratio of 14.20, a P/E/G ratio of 0.79 and a beta of 0.78. The stock has a fifty day moving average price of GBX 168.78 and a two-hundred day moving average price of GBX 161.59. Wickes Group has a 52 week low of GBX 130.60 ($1.69) and a 52 week high of GBX 186 ($2.41).

Wickes Group (LON:WIX - Get Free Report) last released its earnings results on Thursday, March 20th. The company reported GBX 14.10 ($0.18) EPS for the quarter. Wickes Group had a return on equity of 19.39% and a net margin of 2.01%. Sell-side analysts predict that Wickes Group will post 16.2278978 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on WIX. Canaccord Genuity Group restated a "buy" rating and issued a GBX 198 ($2.56) price objective on shares of Wickes Group in a report on Thursday, March 20th. Shore Capital reissued a "not rated" rating on shares of Wickes Group in a research note on Thursday, March 20th.

Wickes Group Company Profile

Wickes is one of the UK's best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber. Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.