Smith & Nephew plc (SN) to Issue Dividend of $0.23 on May 28th

Smith & Nephew plc (LON:SN) declared a dividend on Tuesday, February 25th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given a dividend of $0.23 per share on Wednesday, May 28th. This represents a dividend yield of 1.61%. The ex-dividend date is Thursday, March 27th. This is a 60.4% increase from Smith & Nephew’s previous dividend of $0.14. The official announcement can be viewed at this link.

Smith & Nephew Trading Down 0.5 %

SN stock traded down GBX 5 ($0.06) during trading on Tuesday, reaching GBX 1,080 ($13.96). 1,816,233 shares of the stock were exchanged, compared to its average volume of 343,671. The company has a debt-to-equity ratio of 70.22, a current ratio of 2.51 and a quick ratio of 0.84. The firm has a market capitalization of £11.84 billion, a P/E ratio of 38.88, a P/E/G ratio of 0.46 and a beta of 0.62. The business’s fifty day simple moving average is GBX 1,063.18 and its 200 day simple moving average is GBX 1,053.59.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,180 ($15.25) price objective on shares of Smith & Nephew in a research report on Tuesday, January 14th.

About Smith & Nephew

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom and internationally. It operates through three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. The company offers knee implant products for knee replacement procedures; hip implants for revision procedures; trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures; and other reconstruction products.