JBG SMITH Properties (NYSE:JBGS) Shares Will Pay Quarterly Dividend of $0.17

JBG SMITH Properties (NYSE:JBGS) announced a quarterly dividend on Thursday, October 29th. Investors of record on Thursday, November 12th will be given a dividend of $0.1750 per share on Wednesday, November 25th. This represents a $0.70 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, November 12th.

JBG SMITH Properties has a dividend payout ratio of -36.1% indicating that 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 $12.06 on Friday. JBG SMITH Properties has a fifty-two week low of $9.93 and a fifty-two week high of $20.18. The company has a market capitalization of $706.37 million, a price-to-earnings ratio of -4.62 and a beta of 1.11. The stock has a fifty day moving average of $11.30 and a two-hundred day moving average of $14.01. The company has a debt-to-equity ratio of 2.35, a quick ratio of 4.89 and a current ratio of 4.89.

About JBG SMITH Properties

JBG SMITH Properties is a real estate investment trust that owns, operates and develops mixed-use properties in the Washington, DC, metropolitan area. Its portfolio includes multifamily residential communities, office buildings and retail properties, with a focus on urban, transit-oriented locations.

The company has a particularly significant presence in National Landing, which encompasses parts of Arlington and Alexandria, Virginia. JBG SMITH’s activities in the area include the development and redevelopment of large mixed-use projects featuring apartments, offices, retail space and public amenities.