Johnson Matthey PLC (LON:JMAT) Plans GBX 22 Dividend

Johnson Matthey PLC (LON:JMATGet Rating) declared a dividend on Wednesday, November 23rd, Upcoming.Co.Uk reports. Investors of record on Thursday, December 8th will be paid a dividend of GBX 22 ($0.26) per share on Wednesday, February 1st. This represents a dividend yield of 1.08%. The ex-dividend date is Thursday, December 8th. The official announcement can be accessed at this link.

Johnson Matthey Price Performance

Shares of JMAT opened at GBX 2,010 ($23.77) on Wednesday. Johnson Matthey has a 12-month low of GBX 1,650 ($19.51) and a 12-month high of GBX 2,536 ($29.99). The business’s fifty day moving average is GBX 1,943.34 and its 200 day moving average is GBX 2,043.44. The company has a quick ratio of 0.68, a current ratio of 1.33 and a debt-to-equity ratio of 51.33. The stock has a market cap of £3.69 billion and a P/E ratio of 3,288.52.

Analyst Upgrades and Downgrades

JMAT has been the topic of a number of recent research reports. Citigroup reiterated a “neutral” rating and issued a GBX 2,200 ($26.01) target price on shares of Johnson Matthey in a report on Friday, August 12th. Berenberg Bank dropped their price objective on Johnson Matthey from GBX 2,550 ($30.15) to GBX 2,200 ($26.01) and set a “buy” rating on the stock in a research note on Tuesday, September 27th. Barclays restated an “equal weight” rating and set a GBX 1,900 ($22.47) price objective on shares of Johnson Matthey in a research note on Wednesday, September 21st. Finally, JPMorgan Chase & Co. dropped their price objective on Johnson Matthey from GBX 2,600 ($30.74) to GBX 2,150 ($25.42) and set a “neutral” rating on the stock in a research note on Tuesday, October 11th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Johnson Matthey presently has a consensus rating of “Hold” and an average price target of GBX 2,184.29 ($25.83).

Insider Transactions at Johnson Matthey

In other Johnson Matthey news, insider Stephen Oxley bought 21 shares of the stock in a transaction dated Wednesday, October 19th. The shares were bought at an average cost of GBX 1,907 ($22.55) per share, for a total transaction of £400.47 ($473.54). In other Johnson Matthey news, insider Stephen Oxley bought 21 shares of the stock in a transaction dated Wednesday, October 19th. The shares were bought at an average cost of GBX 1,907 ($22.55) per share, for a total transaction of £400.47 ($473.54). Also, insider Chris Mottershead bought 166 shares of the stock in a transaction dated Thursday, September 29th. The shares were acquired at an average price of GBX 1,789 ($21.15) per share, for a total transaction of £2,969.74 ($3,511.58). Insiders have acquired 208 shares of company stock worth $377,047 in the last ninety days.

About Johnson Matthey

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Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.

See Also

Dividend History for Johnson Matthey (LON:JMAT)

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