WH Smith Plc (LON:SMWH) declared a dividend on Thursday, October 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 11th will be paid a dividend of GBX 33.60 ($0.46) per share on Thursday, February 1st. This represents a yield of 1.62%. The ex-dividend date is Thursday, January 11th. This is an increase from WH Smith’s previous dividend of $14.60. The official announcement can be seen at this link.
Shares of WH Smith (LON SMWH) traded up GBX 32 ($0.43) during midday trading on Friday, reaching GBX 2,186 ($29.64). 456,721 shares of the company’s stock traded hands, compared to its average volume of 373,907. WH Smith has a 1 year low of GBX 1,469 ($19.92) and a 1 year high of GBX 2,347 ($31.83). The firm has a market cap of $2,410.00 and a PE ratio of 2,101.92.
In related news, insider Robert Moorhead sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of GBX 2,035 ($27.60), for a total transaction of £508,750 ($689,924.06).
Several equities research analysts have recently weighed in on SMWH shares. Deutsche Bank reiterated a “hold” rating and set a GBX 2,025 ($27.46) price objective on shares of WH Smith in a research report on Tuesday, January 2nd. Peel Hunt reiterated a “hold” rating and set a GBX 1,850 ($25.09) price objective on shares of WH Smith in a research report on Tuesday, December 5th. Barclays reiterated an “overweight” rating and set a GBX 2,270 ($30.78) price objective on shares of WH Smith in a research report on Friday, October 13th. Numis Securities upgraded shares of WH Smith to a “hold” rating and set a GBX 1,975 ($26.78) price target for the company in a report on Friday, October 27th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a GBX 2,300 ($31.19) price target on shares of WH Smith in a report on Tuesday, November 28th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 1,993.10 ($27.03).
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WH Smith Company Profile
WH Smith PLC is a United Kingdom-based retailer in convenience, books and news for travelling customers. The Company is a high street stationer, bookseller and newsagent. The Company operates through two segments: High Street and Travel. The Company’s Travel business sells its products to cater for people on the move or in need of a convenience offer.
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