Shore Capital reiterated their hold rating on shares of J D Wetherspoon (LON:JDW – Free Report) in a research report report published on Friday morning, Digital Look reports.
Separately, JPMorgan Chase & Co. restated an overweight rating and issued a GBX 172 ($2.30) price target on shares of J D Wetherspoon in a research note on Tuesday, June 11th.
Read Our Latest Stock Report on JDW
J D Wetherspoon Trading Up 0.8 %
J D Wetherspoon Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, November 28th. Investors of record on Thursday, October 24th will be paid a GBX 12 ($0.16) dividend. The ex-dividend date is Thursday, October 24th. This is an increase from J D Wetherspoon’s previous dividend of $8.00. This represents a dividend yield of 1.64%. J D Wetherspoon’s payout ratio is 3,750.00%.
Insider Activity at J D Wetherspoon
In other J D Wetherspoon news, insider Timothy (Tim) Martin sold 1,361,000 shares of the business’s stock in a transaction on Friday, July 26th. The stock was sold at an average price of GBX 739 ($9.88), for a total transaction of £10,057,790 ($13,453,437.67). In other news, insider Ben Whitley bought 7,000 shares of the firm’s stock in a transaction on Wednesday, July 10th. The shares were bought at an average cost of GBX 761 ($10.18) per share, for a total transaction of £53,270 ($71,254.68). Also, insider Timothy (Tim) Martin sold 1,361,000 shares of the company’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of GBX 739 ($9.88), for a total value of £10,057,790 ($13,453,437.67). Company insiders own 31.29% of the company’s stock.
About J D Wetherspoon
J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.
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