JBG SMITH Properties (JBGS) to Distribute Quarterly Dividend of $0.17 on November 25th

by · The Markets Daily

JBG SMITH Properties (NYSE:JBGS – Get Free Report) announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.1750 per share on Wednesday, November 25th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Thursday, November 12th.

JBG SMITH Properties has a payout ratio of -36.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

JBG SMITH Properties Trading Down 0.3%

Shares of JBG SMITH Properties stock opened at $12.40 on Tuesday. The stock has a market cap of $726.22 million, a P/E ratio of -3.50 and a beta of 1.12. The company has a quick ratio of 4.89, a current ratio of 4.89 and a debt-to-equity ratio of 2.35. JBG SMITH Properties has a 12-month low of $9.93 and a 12-month high of $18.71. The business’s 50 day moving average is $11.28 and its 200-day moving average is $13.83.

JBG SMITH Properties (NYSE:JBGS – Get Free Report) last released its earnings results on Friday, November 6th. The company reported ($1.41) earnings per share for the quarter. The firm had revenue of $132.41 million during the quarter. JBG SMITH Properties had a negative net margin of 29.89% and a negative return on equity of 13.31%.

JBG SMITH Properties Company Profile

(Get Free Report)

JBG SMITH Properties is a real estate investment trust that owns, operates and develops mixed-use properties in the Washington, DC, metropolitan area. Its portfolio includes multifamily residential communities, office buildings and retail properties, with a focus on urban, transit-oriented locations.

The company has a particularly significant presence in National Landing, which encompasses parts of Arlington and Alexandria, Virginia. JBG SMITH’s activities in the area include the development and redevelopment of large mixed-use projects featuring apartments, offices, retail space and public amenities.

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