NEXT plc (LON:NXT) Increases Dividend to GBX 208 Per Share

NEXT plc (LON:NXT) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, July 17th will be paid a dividend of GBX 208 ($2.68) per share on Monday, August 25th. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, July 17th. This is a 177.3% increase from NEXT’s previous dividend of $75.00. The official announcement can be accessed at this link.

NEXT Price Performance

Shares of LON NXT opened at £107 ($137.76) on Thursday. The company has a debt-to-equity ratio of 76.08, a quick ratio of 1.07 and a current ratio of 1.68. The company’s fifty day moving average is GBX 9,790.25 and its two-hundred day moving average is GBX 9,860.26. NEXT has a one year low of GBX 8,598 ($110.70) and a one year high of £111.04 ($142.96). The firm has a market capitalization of £12.60 billion, a P/E ratio of 16.10, a PEG ratio of 5.66 and a beta of 1.37.

NEXT (LON:NXT) last issued its quarterly earnings data on Thursday, March 27th. The company reported GBX 615.10 ($7.92) earnings per share (EPS) for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. Analysts forecast that NEXT will post 660.7526882 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of NEXT in a research note on Tuesday, January 7th.

NEXT Company Profile

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East.