JBG SMITH Properties Announces Quarterly Dividend of $0.18 (NYSE:JBGS)

JBG SMITH Properties (NYSE:JBGS) declared a quarterly dividend on Thursday, April 25th, NASDAQ reports. Investors of record on Friday, May 10th will be given a dividend of 0.175 per share on Friday, May 24th. This represents a $0.70 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date of this dividend is Thursday, May 9th.

JBG SMITH Properties has decreased its dividend payment by an average of 9.1% annually over the last three years.

JBG SMITH Properties Stock Performance

Shares of NYSE:JBGS traded up $0.04 during trading on Friday, hitting $15.14. 357,669 shares of the company were exchanged, compared to its average volume of 1,013,455. JBG SMITH Properties has a 52-week low of $12.63 and a 52-week high of $18.17. The stock has a 50 day moving average of $16.09 and a 200 day moving average of $15.63. The company has a debt-to-equity ratio of 1.14, a current ratio of 3.33 and a quick ratio of 3.33. The company has a market cap of $1.39 billion, a PE ratio of -18.02 and a beta of 1.07.

Analyst Ratings Changes

Separately, Evercore ISI cut their target price on JBG SMITH Properties from $16.00 to $14.50 and set an “underperform” rating for the company in a research note on Wednesday, April 10th.

JBG SMITH Properties Company Profile

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.