Johnson Matthey Plc (LON:JMAT) Declares Dividend of GBX 21.75

Johnson Matthey Plc (LON:JMAT) declared a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, November 30th will be paid a dividend of GBX 21.75 ($0.29) per share on Tuesday, February 6th. This represents a yield of 0.71%. The ex-dividend date is Thursday, November 30th. The official announcement can be accessed at this link.

Shares of Johnson Matthey (LON:JMAT) traded up GBX 7.64 ($0.10) during mid-day trading on Friday, reaching GBX 3,006 ($40.46). The company’s stock had a trading volume of 357,980 shares, compared to its average volume of 696,068. Johnson Matthey has a 1-year low of GBX 2,681 ($36.08) and a 1-year high of GBX 3,511 ($47.25).

Johnson Matthey (LON:JMAT) last released its earnings results on Tuesday, November 21st. The company reported GBX 99.80 ($1.34) EPS for the quarter, missing analysts’ consensus estimates of GBX 100.10 ($1.35) by GBX (0.30) ($0.00). The company had revenue of GBX 647.83 billion for the quarter. Johnson Matthey had a return on equity of 20.36% and a net margin of 3.24%.

In related news, insider Robert MacLeod bought 12 shares of the firm’s stock in a transaction on Wednesday, September 20th. The stock was purchased at an average price of GBX 2,955 ($39.77) per share, with a total value of £354.60 ($477.25). Also, insider John Walker bought 9 shares of the firm’s stock in a transaction on Wednesday, October 18th. The shares were bought at an average cost of GBX 3,393 ($45.67) per share, with a total value of £305.37 ($411.00). Insiders have acquired 33 shares of company stock valued at $105,645 in the last ninety days.

Several analysts have issued reports on the company. Deutsche Bank restated a “buy” rating and set a GBX 3,600 ($48.45) price objective on shares of Johnson Matthey in a report on Thursday, August 24th. Morgan Stanley reiterated an “overweight” rating and issued a GBX 3,500 ($47.11) target price on shares of Johnson Matthey in a report on Monday, September 18th. J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 3,400 ($45.76) target price on shares of Johnson Matthey in a report on Wednesday, November 22nd. UBS assumed coverage on Johnson Matthey in a report on Monday, August 21st. They issued a “sell” rating and a GBX 2,650 ($35.67) target price on the stock. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 3,300 ($44.41) target price on shares of Johnson Matthey in a report on Thursday, September 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Johnson Matthey has an average rating of “Hold” and a consensus target price of GBX 3,578.30 ($48.16).

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About Johnson Matthey

Dividend History for Johnson Matthey (LON:JMAT)

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