Kier Group plc (LON:KIE) Announces Dividend of GBX 3.48

Kier Group plc (LON:KIE) announced a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 24th will be given a dividend of GBX 3.48 ($0.05) per share on Friday, November 29th. This represents a yield of 2.32%. The ex-dividend date is Thursday, October 24th. This is a positive change from Kier Group’s previous dividend of $1.67. The official announcement can be accessed at this link.

Kier Group Stock Performance

LON:KIE opened at GBX 140 ($1.83) on Friday. The company has a market capitalization of £617.02 million, a PE ratio of 1,555.56, a P/E/G ratio of 0.29 and a beta of 1.14. The company has a 50 day simple moving average of GBX 152.22 and a two-hundred day simple moving average of GBX 142.37. The company has a debt-to-equity ratio of 94.84, a quick ratio of 0.69 and a current ratio of 0.80. Kier Group has a fifty-two week low of GBX 87.84 ($1.15) and a fifty-two week high of GBX 163.27 ($2.14).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 210 ($2.75) target price on shares of Kier Group in a research report on Thursday.

Insider Transactions at Kier Group

In related news, insider Matthew Lester acquired 7,340 shares of Kier Group stock in a transaction dated Friday, June 28th. The stock was bought at an average price of GBX 136 ($1.78) per share, with a total value of £9,982.40 ($13,054.01). Insiders own 5.81% of the company’s stock.

Kier Group Company Profile

Kier Group plc primarily engages in the construction business in the United Kingdom and internationally. The company operates through three segments: Construction, Infrastructure Services, and Property. It constructs power stations, roads, bridges, railways, tunnels, and buildings for public and private sectors including schools, hospitals and prisons; and provides maintenance services for the UK road, rail, and utilities infrastructure, as well as reactive repairs.