Jersey Electricity plc (LON:JEL) Increases Dividend to GBX 12 Per Share

Jersey Electricity plc (LON:JEL) announced a dividend on Wednesday, December 18th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Friday, February 21st will be given a dividend of GBX 12 ($0.15) per share on Friday, March 14th. This represents a yield of 2.73%. The ex-dividend date is Friday, February 21st. This is a positive change from Jersey Electricity’s previous dividend of $8.40. The official announcement can be accessed at this link.

Jersey Electricity Stock Performance

LON JEL opened at GBX 448 ($5.60) on Friday. The stock has a fifty day simple moving average of GBX 432.97 and a 200-day simple moving average of GBX 445.17. The stock has a market cap of £52.15 million, a PE ratio of 1,210.81 and a beta of 0.18. Jersey Electricity has a twelve month low of GBX 400 ($5.00) and a twelve month high of GBX 490 ($6.12). The company has a current ratio of 3.57, a quick ratio of 2.90 and a debt-to-equity ratio of 13.55.

About Jersey Electricity

Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and electric heating and hot water, electric transport, outdoor and indoor lighting, electric commercial kitchens, air conditioning, renewable energy, and CosyCare maintenance solutions.