Kier Group plc (KIE) Plans Dividend Increase – GBX 46 Per Share

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Kier Group plc (LON:KIE) announced a dividend on Thursday, September 20th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 27th will be paid a dividend of GBX 46 ($0.60) per share on Monday, December 3rd. This represents a dividend yield of 4.43%. The ex-dividend date of this dividend is Thursday, September 27th. This is a boost from Kier Group’s previous dividend of $23.00. The official announcement can be seen at this link.

Shares of KIE traded down GBX 5.50 ($0.07) during trading on Friday, reaching GBX 876 ($11.45). 265,788 shares of the company traded hands, compared to its average volume of 472,724. Kier Group has a twelve month low of GBX 942 ($12.31) and a twelve month high of GBX 1,505 ($19.67).

KIE has been the subject of a number of research reports. Liberum Capital restated a “buy” rating on shares of Kier Group in a report on Friday, September 14th. Peel Hunt reiterated a “buy” rating on shares of Kier Group in a research note on Friday, September 7th. Finally, Numis Securities reiterated a “buy” rating on shares of Kier Group in a research note on Friday, September 21st. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. Kier Group currently has a consensus rating of “Buy” and a consensus target price of GBX 1,495.80 ($19.55).

Kier Group Company Profile

Kier Group plc provides construction services in the United Kingdom, the Middle East, the Far East, and Australia. The company operates in four divisions: Property, Residential, Construction, and Services. It offers construction services, including civil engineering, construction management, design and build, engineering design, mechanical and electrical design, interiors and refurbishments, and construction related technical services, as well as infrastructure support services for rail network.

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Dividend History for Kier Group (LON:KIE)

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