Taylor Wimpey plc (LON:TW) Announces Dividend Increase – GBX 4.80 Per Share

by · The Cerbat Gem

Taylor Wimpey plc (LON:TW – Get Free Report) declared a dividend on Wednesday, July 31st, Upcoming.Co.Uk reports. Investors of record on Thursday, October 10th will be paid a dividend of GBX 4.80 ($0.06) per share by the homebuilder on Friday, November 15th. This represents a yield of 3.03%. The ex-dividend date is Thursday, October 10th. This is a boost from Taylor Wimpey’s previous dividend of $4.79. The official announcement can be seen at this link.

Taylor Wimpey Stock Down 1.1 %

Taylor Wimpey stock opened at GBX 160.60 ($2.10) on Wednesday. The firm’s 50-day moving average price is GBX 161.81 and its 200-day moving average price is GBX 150.23. The firm has a market cap of £5.69 billion, a price-to-earnings ratio of 2,320.00, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71.

Analyst Ratings Changes

A number of research firms have commented on TW. Berenberg Bank restated a “buy” rating and set a GBX 175 ($2.29) price target on shares of Taylor Wimpey in a research report on Wednesday, July 31st. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 150 ($1.96) target price on shares of Taylor Wimpey in a report on Thursday, August 1st.

Read Our Latest Stock Report on TW

Taylor Wimpey Company Profile

(Get Free Report)

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.

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