Wickes Group plc (LON:WIX – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as GBX 176.80 ($2.34) and last traded at GBX 174.60 ($2.31), with a volume of 382701 shares changing hands. The stock had previously closed at GBX 173.80 ($2.30).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 180 ($2.38) price target on shares of Wickes Group in a report on Tuesday, September 10th.
Check Out Our Latest Stock Report on WIX
Wickes Group Price Performance
Wickes Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be given a GBX 3.60 ($0.05) dividend. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, October 3rd. Wickes Group’s payout ratio is currently 9,166.67%.
Wickes Group Company Profile
Wickes Group plc operates as a retailer of home repair, maintenance, and improvement products and services in the United Kingdom. It supports customers home improvements plans through Local Trade, Design and Installation, and do-it-yourself (DIY) prepositions. The company's products portfolio includes kitchen, bathroom, garden and outdoor space, building supplies, tools, timber, doors, drawer fronts, decorating, flooring and tiles, electrical, hardware and roofing, painting, extensions, loft conversions, driveway, hang a shelf, and joinery and landscaping categories.
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