J Sainsbury plc (OTCMKTS:JSAIY) Increases Dividend to $0.44 Per Share

J Sainsbury plc (OTCMKTS:JSAIY) announced a dividend on Wednesday, May 8th, NASDAQ reports. Shareholders of record on Friday, June 7th will be paid a dividend of 0.4413 per share on Monday, July 22nd. The ex-dividend date is Friday, June 7th. This is a positive change from J Sainsbury’s previous dividend of $0.17.

J Sainsbury Stock Performance

Shares of JSAIY traded down $0.09 during mid-day trading on Wednesday, hitting $13.66. The stock had a trading volume of 9,257 shares, compared to its average volume of 29,988. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.72 and a quick ratio of 0.53. J Sainsbury has a fifty-two week low of $11.96 and a fifty-two week high of $15.84. The company’s fifty day simple moving average is $13.20 and its two-hundred day simple moving average is $13.67.

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 and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.