Lookers PLC (LON:LOOK) to Issue Dividend of GBX 1.48

Lookers PLC (LON:LOOK) declared a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 17th will be paid a dividend of GBX 1.48 ($0.02) per share on Friday, November 22nd. This represents a yield of 3.4%. The ex-dividend date of this dividend is Thursday, October 17th. The official announcement can be seen at this link.

LON LOOK opened at GBX 44.75 ($0.58) on Wednesday. The stock has a 50-day moving average of GBX 45.45. The company has a debt-to-equity ratio of 132.03, a current ratio of 1.06 and a quick ratio of 0.16. Lookers has a 52 week low of GBX 33.70 ($0.44) and a 52 week high of GBX 113.60 ($1.48). The company has a market capitalization of $172.63 million and a P/E ratio of 4.22.

Several research firms have recently commented on LOOK. Liberum Capital reaffirmed a “buy” rating on shares of Lookers in a research note on Wednesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 150 ($1.96) price objective on shares of Lookers in a research note on Wednesday, June 26th. Numis Securities reaffirmed a “buy” rating and issued a GBX 140 ($1.83) price objective on shares of Lookers in a research note on Friday, May 31st. Peel Hunt reaffirmed a “hold” rating on shares of Lookers in a research note on Wednesday. Finally, JPMorgan Chase & Co. decreased their price objective on Lookers from GBX 98 ($1.28) to GBX 47 ($0.61) and set a “neutral” rating on the stock in a research note on Monday, July 15th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Lookers has an average rating of “Buy” and a consensus target price of GBX 90 ($1.18).

In related news, insider Nigel McMinn acquired 200,000 shares of the firm’s stock in a transaction dated Friday, July 12th. The shares were purchased at an average price of GBX 39 ($0.51) per share, with a total value of £78,000 ($101,920.82).

Lookers Company Profile

Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.

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Dividend History for Lookers (LON:LOOK)

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