Balfour Beatty plc Plans Dividend of GBX 2.10 (LON:BBY)

Balfour Beatty plc (LON:BBY) announced a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 24th will be given a dividend of GBX 2.10 ($0.03) per share on Friday, December 6th. This represents a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, October 24th. The official announcement can be viewed at this link.

BBY opened at GBX 218.20 ($2.85) on Wednesday. The company has a debt-to-equity ratio of 61.89, a quick ratio of 0.90 and a current ratio of 0.96. The company has a market capitalization of $1.50 billion and a P/E ratio of 11.19. The business’s 50 day simple moving average is GBX 224.04. Balfour Beatty has a fifty-two week low of GBX 193.10 ($2.52) and a fifty-two week high of GBX 301.70 ($3.94).

A number of equities research analysts recently weighed in on the stock. Numis Securities reissued a “buy” rating and set a GBX 350 ($4.57) price target on shares of Balfour Beatty in a research note on Friday, May 31st. Jefferies Financial Group assumed coverage on shares of Balfour Beatty in a research note on Monday, July 29th. They set a “hold” rating and a GBX 245 ($3.20) price target for the company. Liberum Capital reissued a “buy” rating on shares of Balfour Beatty in a research note on Wednesday. Peel Hunt reissued a “buy” rating on shares of Balfour Beatty in a research note on Wednesday. Finally, UBS Group reissued a “buy” rating on shares of Balfour Beatty in a research note on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 334.17 ($4.37).

Balfour Beatty Company Profile

Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through Construction Services, Support Services, and Infrastructure Investments segments. The Construction Services segment provides civil engineering, building, ground engineering, mechanical and electrical installation, refurbishment and fit-out, and rail engineering services.

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Dividend History for Balfour Beatty (LON:BBY)

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