Big Yellow Group Plc (BYG) to Issue Dividend of GBX 22.60 on July 26th

Big Yellow Group Plc (LON:BYG) announced a dividend on Monday, May 20th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 4th will be given a dividend of GBX 22.60 ($0.29) per share on Friday, July 26th. This represents a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, July 4th. The official announcement can be seen at this link.

Big Yellow Group Trading Down 0.2 %

BYG opened at GBX 1,170 ($14.80) on Tuesday. The company has a quick ratio of 0.29, a current ratio of 0.36 and a debt-to-equity ratio of 16.76. The stock’s fifty day moving average is GBX 1,174.65 and its two-hundred day moving average is GBX 1,123.60. The company has a market capitalization of £2.30 billion, a P/E ratio of 1,160.40, a PEG ratio of 2.40 and a beta of 0.63. Big Yellow Group has a 52 week low of GBX 901 ($11.40) and a 52 week high of GBX 1,272 ($16.09).

Insider Buying and Selling

In related news, insider Nicholas Vetch bought 8,038 shares of the business’s stock in a transaction on Wednesday, May 29th. The shares were bought at an average price of GBX 1,238 ($15.66) per share, for a total transaction of £99,510.44 ($125,866.99). 6.18% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on BYG. Berenberg Bank lifted their price objective on Big Yellow Group from GBX 1,186 ($15.00) to GBX 1,285 ($16.25) and gave the company a “hold” rating in a report on Tuesday, May 21st. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,359 ($17.19) price target on shares of Big Yellow Group in a report on Tuesday, May 21st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Big Yellow Group from GBX 1,315 ($16.63) to GBX 1,385 ($17.52) and gave the company an “overweight” rating in a research note on Thursday, May 23rd.

Big Yellow Group Company Profile

Big Yellow is the UK's brand leader in self storage. Big Yellow now operates from a platform of 109 stores, including 24 stores branded as Armadillo Self Storage. We have a pipeline of 0.9 million sq ft comprising 13 proposed Big Yellow self storage facilities. The current maximum lettable area of the existing platform (including Armadillo) is 6.4 million sq ft.