Lookers PLC Declares Dividend of GBX 1.48 (LON:LOOK)

Lookers PLC (LON:LOOK) announced a dividend on Wednesday, August 14th. Shareholders of record on Thursday, October 17th will be paid a dividend of GBX 1.48 ($0.02) per share on Friday, November 22nd. This represents a yield of 3.4%. The ex-dividend date is Thursday, October 17th. The official announcement can be accessed at this link.

Shares of Lookers stock opened at GBX 44.75 ($0.58) on Wednesday. The firm has a market capitalization of $172.63 million and a P/E ratio of 4.22. The company has a debt-to-equity ratio of 132.03, a current ratio of 1.06 and a quick ratio of 0.16. Lookers has a 12-month low of GBX 33.70 ($0.44) and a 12-month high of GBX 113.60 ($1.48). The business’s 50-day moving average price is GBX 45.45.

LOOK has been the topic of a number of analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Lookers from GBX 98 ($1.28) to GBX 47 ($0.61) and set a “neutral” rating on the stock in a research note on Monday, July 15th. Numis Securities reiterated a “buy” rating and set a GBX 140 ($1.83) price objective on shares of Lookers in a research note on Friday, May 31st. Peel Hunt reiterated a “hold” rating on shares of Lookers in a research note on Wednesday. Peel Hunt reiterated a “buy” rating and set a GBX 150 ($1.96) price objective on shares of Lookers in a research note on Wednesday, June 26th. Finally, Liberum Capital reiterated a “buy” rating on shares of Lookers in a research note on Wednesday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Lookers has an average rating of “Buy” and a consensus target price of GBX 90 ($1.18).

In related news, insider Nigel McMinn purchased 200,000 shares of Lookers stock in a transaction dated Friday, July 12th. The shares were bought at an average cost of GBX 39 ($0.51) per share, for a total transaction of £78,000 ($101,920.82).

Lookers Company Profile

Lookers plc engages in the sale, hire, and maintenance of motor vehicles and motorcycles in the United Kingdom and Ireland. The company engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customers' vehicles. It operates 155 franchised dealerships representing 32 manufacturers from 100 locations.

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Dividend History for Lookers (LON:LOOK)

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