Jersey Electricity plc (LON:JEL) Plans Dividend Increase – GBX 12 Per Share

Jersey Electricity plc (LON:JEL) announced a dividend on Wednesday, December 18th,Upcoming Dividends.Co.Uk reports. Investors of record on Friday, February 21st will be given a dividend of GBX 12 ($0.15) per share on Friday, March 14th. This represents a dividend yield of 2.73%. The ex-dividend date is Friday, February 21st. This is an increase from Jersey Electricity’s previous dividend of $8.40. The official announcement can be viewed at this link.

Jersey Electricity Price Performance

LON JEL opened at GBX 431.20 ($5.42) on Thursday. The company has a debt-to-equity ratio of 13.55, a quick ratio of 2.90 and a current ratio of 3.57. Jersey Electricity has a 52-week low of GBX 400 ($5.03) and a 52-week high of GBX 490 ($6.16). The business has a 50 day simple moving average of GBX 432.78 and a 200 day simple moving average of GBX 445.27. The stock has a market cap of £50.19 million, a price-to-earnings ratio of 1,165.41 and a beta of 0.18.

Jersey Electricity Company Profile

Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and electric heating and hot water, electric transport, outdoor and indoor lighting, electric commercial kitchens, air conditioning, renewable energy, and CosyCare maintenance solutions.