NEXT plc (NXT) To Go Ex-Dividend on July 17th

NEXT plc (LON:NXT) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, July 17th will be given a dividend of GBX 208 ($2.69) per share on Monday, August 25th. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, July 17th. This is a 177.3% increase from NEXT’s previous dividend of $75.00. The official announcement can be accessed at this link.

NEXT Price Performance

Shares of LON:NXT opened at £110 ($142.38) on Friday. The company has a market cap of £12.95 billion, a P/E ratio of 16.55, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37. The company’s fifty day moving average is GBX 9,859.02 and its two-hundred day moving average is GBX 9,875.93. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 76.08. NEXT has a 12-month low of GBX 8,598 ($111.29) and a 12-month high of £111.04 ($143.72).

NEXT (LON:NXT) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX 615.10 ($7.96) earnings per share (EPS) for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. Equities analysts expect that NEXT will post 660.7526882 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of NEXT in a research note on Thursday.

About NEXT

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East.