JBG SMITH Properties (JBGS) to Issue Quarterly Dividend of $0.18 on November 20th

JBG SMITH Properties (NYSE:JBGS) declared a quarterly dividend on Thursday, October 23rd. Shareholders of record on Thursday, November 6th will be given a dividend of 0.175 per share on Thursday, November 20th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, November 6th.

JBG SMITH Properties has decreased its dividend payment by an average of 0.0%per year over the last three years. JBG SMITH Properties has a payout ratio of -36.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

JBG SMITH Properties Stock Performance

JBG SMITH Properties stock opened at $18.96 on Tuesday. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 2.06. JBG SMITH Properties has a 1 year low of $13.28 and a 1 year high of $24.30. The company has a market cap of $1.12 billion, a PE ratio of -9.25 and a beta of 1.31. The company’s 50-day moving average is $21.72 and its two-hundred day moving average is $19.11.

JBG SMITH Properties (NYSE:JBGS) last released its earnings results on Tuesday, October 28th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.49) by $0.64. JBG SMITH Properties had a negative net margin of 30.57% and a negative return on equity of 10.41%. The company had revenue of $123.87 million for the quarter, compared to the consensus estimate of $120.57 million.

About JBG SMITH Properties

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.