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

IWG plc (LON:IWG) announced a dividend on Tuesday, March 5th, Upcoming.Co.Uk reports. Stockholders 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 dividend 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 Stock Performance

Shares of IWG stock opened at GBX 188 ($2.36) on Tuesday. The company has a 50 day moving average price of GBX 186.38 and a 200 day moving average price of GBX 172.05. The firm has a market capitalization of £1.90 billion, a P/E ratio of -897.62, a PEG ratio of -5.59 and a beta of 2.03. The company has a quick ratio of 0.45, a current ratio of 0.39 and a debt-to-equity ratio of 7,170.59. IWG has a 52 week low of GBX 122.50 ($1.54) and a 52 week high of GBX 202.80 ($2.55).

Analyst Ratings Changes

Separately, Royal Bank of Canada reaffirmed an “outperform” rating and issued a GBX 215 ($2.70) price target 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.