Grainger plc (GRI) To Go Ex-Dividend on January 16th

Grainger plc (LON:GRI) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 5.01 ($0.06) per share on Friday, February 21st. This represents a dividend yield of 2.26%. The ex-dividend date is Thursday, January 16th. This is an increase from Grainger’s previous dividend of $2.54. The official announcement can be viewed at this link.

Grainger Price Performance

GRI stock opened at GBX 235 ($2.95) on Friday. The firm has a 50 day moving average of GBX 235.78 and a 200-day moving average of GBX 241.35. The company has a current ratio of 3.81, a quick ratio of 0.87 and a debt-to-equity ratio of 84.35. Grainger has a 12 month low of GBX 218.50 ($2.74) and a 12 month high of GBX 278.80 ($3.50). The firm has a market capitalization of £1.73 billion, a P/E ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 336 ($4.21) price objective on shares of Grainger in a research report on Friday.

About Grainger

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.