IWG plc (LON:IWG) to Issue GBX 1 Dividend

IWG plc (LON:IWG) declared a dividend on Tuesday, March 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 2nd will be paid a dividend of GBX 1 ($0.01) per share on Friday, May 31st. This represents a yield of 0.54%. The ex-dividend date of this dividend is Thursday, May 2nd. The official announcement can be seen at this link.

IWG Price Performance

Shares of IWG stock opened at GBX 187.60 ($2.36) on Wednesday. The firm has a market cap of £1.89 billion, a P/E ratio of -885.24, a P/E/G ratio of -5.59 and a beta of 2.03. The company has a debt-to-equity ratio of 7,170.59, a current ratio of 0.39 and a quick ratio of 0.45. IWG has a 1-year low of GBX 122.50 ($1.54) and a 1-year high of GBX 202.80 ($2.55). The firm has a fifty day moving average of GBX 186.38 and a two-hundred day moving average of GBX 172.05.

Analyst Ratings Changes

Separately, Royal Bank of Canada reissued an “outperform” rating and set a GBX 215 ($2.70) price objective on shares of IWG in a report on Monday, April 8th.

IWG Company Profile

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office, coworking and collaboration, flexible and scalable, meeting, and lounges spaces; workplace recovery; memberships workspaces; and reception services and conference products.