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CLS Holdings plc (LON:CLI) Announces Dividend Increase - GBX 2.68 Per Share

CLS logo with Real Estate background

CLS Holdings plc (LON:CLI - Get Free Report) declared a dividend on Tuesday, April 1st, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 15th will be paid a dividend of GBX 2.68 ($0.04) per share on Tuesday, June 3rd. This represents a yield of 4.17%. The ex-dividend date is Thursday, May 15th. This is a 3.1% increase from CLS's previous dividend of $2.60. The official announcement can be accessed at this link.

CLS Price Performance

Shares of CLS stock traded down GBX 0.70 ($0.01) during trading hours on Friday, reaching GBX 59.30 ($0.78). 1,156,059 shares of the company's stock were exchanged, compared to its average volume of 1,108,131. The business has a fifty day moving average of GBX 69.81 and a two-hundred day moving average of GBX 79.70. The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30. The company has a market capitalization of £236.30 million, a P/E ratio of -1.14 and a beta of 1.01. CLS has a 1 year low of GBX 59 ($0.77) and a 1 year high of GBX 101.40 ($1.33).

CLS (LON:CLI - Get Free Report) last released its quarterly earnings data on Tuesday, April 1st. The company reported GBX (23.60) (($0.31)) EPS for the quarter. CLS had a negative net margin of 134.11% and a negative return on equity of 23.42%. As a group, research analysts predict that CLS will post 10.0104167 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 114 ($1.49) price objective on shares of CLS in a research report on Tuesday, April 1st.

Get Our Latest Stock Report on CLI

About CLS

(Get Free Report)

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants' businesses to grow.

Further Reading

Dividend History for CLS (LON:CLI)

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