Greene King plc (LON:GNK) announced a dividend on Thursday, November 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 7th will be given a dividend of GBX 8.80 ($0.12) per share on Friday, January 19th. This represents a yield of 1.69%. The ex-dividend date is Thursday, December 7th. The official announcement can be accessed at this link.

Greene King (LON GNK) remained flat at $GBX 524 ($7.05) during trading hours on Wednesday. 688,103 shares of the company were exchanged, compared to its average volume of 1,400,000. Greene King has a twelve month low of GBX 490.08 ($6.60) and a twelve month high of GBX 768 ($10.34).

Greene King (LON:GNK) last announced its earnings results on Thursday, November 30th. The company reported GBX 33 ($0.44) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 34 ($0.46) by GBX (1) (($0.01)). The firm had revenue of GBX 103.14 billion for the quarter. Greene King had a return on equity of 7.76% and a net margin of 6.65%.

A number of equities analysts have recently weighed in on the company. Shore Capital reiterated a “buy” rating on shares of Greene King in a research note on Thursday, November 30th. Canaccord Genuity lowered their target price on Greene King from GBX 550 ($7.40) to GBX 520 ($7.00) and set a “hold” rating on the stock in a research note on Friday, December 1st. Deutsche Bank lowered their target price on Greene King from GBX 830 ($11.17) to GBX 740 ($9.96) and set a “buy” rating on the stock in a research note on Wednesday, October 18th. J P Morgan Chase & Co lowered their target price on Greene King from GBX 750 ($10.09) to GBX 650 ($8.75) and set a “neutral” rating on the stock in a research note on Monday, September 11th. Finally, Peel Hunt lowered their target price on Greene King from GBX 750 ($10.09) to GBX 625 ($8.41) and set an “add” rating on the stock in a research note on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 607.73 ($8.18).

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About Greene King

Greene King plc is an integrated pub retailer and brewer. The Company operates approximately 3,040 managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. The Company’s segments include Pub Company, Pub Partners, and Brewing & Brands.

Dividend History for Greene King (LON:GNK)

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