DS Smith Plc (LON:SMDS) Plans GBX 6.20 Dividend

DS Smith Plc (LON:SMDS) declared a dividend on Thursday, December 5th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 6.20 ($0.08) per share on Wednesday, January 29th. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, December 12th. The official announcement can be accessed at this link.

DS Smith Price Performance

DS Smith stock opened at GBX 562.50 ($7.17) on Friday. The firm has a market capitalization of £7.76 billion, a P/E ratio of 2,008.93, a PEG ratio of 1.06 and a beta of 0.87. DS Smith has a one year low of GBX 270.30 ($3.45) and a one year high of GBX 601.75 ($7.67). The business has a fifty day moving average price of GBX 515.75 and a 200-day moving average price of GBX 453.27. The company has a debt-to-equity ratio of 70.02, a current ratio of 0.86 and a quick ratio of 0.59.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Stifel Nicolaus lowered DS Smith to a “hold” rating and dropped their price objective for the company from GBX 498 ($6.35) to GBX 480 ($6.12) in a research note on Wednesday, September 4th. Jefferies Financial Group reissued a “buy” rating and set a GBX 550 ($7.01) price objective on shares of DS Smith in a research note on Friday.

About DS Smith

DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electronics.