J Sainsbury plc (SBRY) to Issue Dividend of GBX 3.10 on December 21st

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J Sainsbury plc (LON:SBRY) announced a dividend on Thursday, November 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 15th will be given a dividend of GBX 3.10 ($0.04) per share by the grocer on Friday, December 21st. This represents a dividend yield of 0.97%. The ex-dividend date is Thursday, November 15th. The official announcement can be viewed at this link.

LON SBRY opened at GBX 322 ($4.21) on Friday. J Sainsbury has a 1-year low of GBX 222.40 ($2.91) and a 1-year high of GBX 339.89 ($4.44).

A number of analysts recently weighed in on SBRY shares. UBS Group reissued a “buy” rating and issued a GBX 400 ($5.23) price target on shares of J Sainsbury in a report on Friday, August 17th. Barclays reissued an “overweight” rating and issued a GBX 375 ($4.90) price target on shares of J Sainsbury in a report on Wednesday, August 29th. Berenberg Bank reissued a “buy” rating and issued a GBX 369 ($4.82) price target (up previously from GBX 300 ($3.92)) on shares of J Sainsbury in a report on Monday, September 17th. Citigroup reissued a “buy” rating on shares of J Sainsbury in a report on Thursday, September 6th. Finally, HSBC reissued a “hold” rating on shares of J Sainsbury in a report on Monday, August 13th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. J Sainsbury presently has a consensus rating of “Hold” and a consensus price target of GBX 302.79 ($3.96).

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About J Sainsbury

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail – Food; Retail – General Merchandise and Clothing; Financial Services; and Property Investment.

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Dividend History for J Sainsbury (LON:SBRY)

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