J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) announced a dividend on Tuesday, June 3rd, investing.com reports. Stockholders of record on Monday, June 9th will be paid a dividend of 0.4798 per share on Monday, July 21st. This represents a dividend yield of 4.13%. The ex-dividend date is Friday, June 6th. This is a 136.9% increase from J Sainsbury's previous dividend of $0.20.
J Sainsbury Stock Down 1.1%
J Sainsbury stock traded down $0.17 during midday trading on Wednesday, reaching $15.82. The stock had a trading volume of 17,799 shares, compared to its average volume of 43,581. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.57 and a current ratio of 0.74. J Sainsbury has a 52-week low of $11.68 and a 52-week high of $16.43. The company has a fifty day moving average of $14.12 and a 200 day moving average of $13.53.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on JSAIY. BNP Paribas lowered J Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 1st. Hsbc Global Res upgraded shares of J Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Friday, March 21st. Jefferies Financial Group downgraded shares of J Sainsbury from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, Kepler Capital Markets cut shares of J Sainsbury from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 23rd. Three research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy".
View Our Latest Stock Analysis on JSAIY
About J Sainsbury
(
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J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.
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