Kingfisher plc (LON:KGF) Plans Dividend Increase – GBX 19.72 Per Share

Kingfisher plc (LON:KGF) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 19.72 ($0.25) per share by the home improvement retailer on Monday, March 31st. This represents a yield of 3.44%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 418.9% increase from Kingfisher’s previous dividend of $3.80. The official announcement can be accessed at this link.

Kingfisher Stock Performance

KGF traded down GBX 38.50 ($0.50) on Tuesday, reaching GBX 241.20 ($3.12). The company had a trading volume of 367,623,094 shares, compared to its average volume of 40,234,852. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12. Kingfisher has a 1 year low of GBX 227.20 ($2.94) and a 1 year high of GBX 333.50 ($4.31). The stock has a market capitalization of £4.26 billion, a PE ratio of 12.85, a P/E/G ratio of 2.87 and a beta of 0.96. The stock has a 50-day moving average price of GBX 250.80 and a 200-day moving average price of GBX 271.04.

Kingfisher (LON:KGF) last announced its earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. As a group, research analysts forecast that Kingfisher will post 23.6949924 EPS for the current fiscal year.

About Kingfisher

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.