Jersey Electricity (LON:JEL - Get Free Report) posted its earnings results on Thursday. The company reported GBX 26 ($0.35) EPS for the quarter, Digital Look Earnings reports. Jersey Electricity had a return on equity of 4.58% and a net margin of 8.57%.
Jersey Electricity Stock Performance
Shares of LON JEL traded up GBX 8.50 ($0.11) during midday trading on Friday, hitting GBX 488.50 ($6.61). 24,332 shares of the company's stock were exchanged, compared to its average volume of 3,573. The company has a debt-to-equity ratio of 13.96, a current ratio of 2.81 and a quick ratio of 2.90. The stock's 50 day moving average price is GBX 437.11 and its 200-day moving average price is GBX 433.97. The firm has a market cap of £152.15 million, a P/E ratio of 13.52 and a beta of 0.18. Jersey Electricity has a twelve month low of GBX 411 ($5.56) and a twelve month high of GBX 497.69 ($6.73).
Jersey Electricity Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, March 14th. Stockholders of record on Thursday, February 20th were given a dividend of GBX 12 ($0.16) per share. The ex-dividend date was Thursday, February 20th. This is an increase from Jersey Electricity's previous dividend of $8.40. This represents a dividend yield of 2.73%. Jersey Electricity's payout ratio is currently 55.35%.
About Jersey Electricity
(
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Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and electric heating and hot water, electric transport, outdoor and indoor lighting, electric commercial kitchens, air conditioning, renewable energy, and CosyCare maintenance solutions.
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