JBG SMITH Properties (JBGS) to Issue Quarterly Dividend of $0.17 on August 27th

JBG SMITH Properties (NYSE:JBGS) declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Thursday, August 13th will be given a dividend of 0.175 per share on Thursday, August 27th. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Thursday, August 13th.

JBG SMITH Properties has decreased its dividend payment by an average of 0.0%annually over the last three years. 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 Stock Up 0.1%

Shares of NYSE:JBGS opened at $14.09 on Friday. JBG SMITH Properties has a 1 year low of $13.71 and a 1 year high of $24.30. The company has a debt-to-equity ratio of 2.22, a current ratio of 4.53 and a quick ratio of 4.53. The business’s 50-day moving average is $14.63 and its 200-day moving average is $15.20. The company has a market capitalization of $820.83 million, a price-to-earnings ratio of -7.53 and a beta of 1.07.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.32) EPS for the quarter. JBG SMITH Properties had a negative return on equity of 9.32% and a negative net margin of 22.16%.The company had revenue of $127.60 million for the quarter.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company’s portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.