Jersey Electricity plc (LON:JEL) Insider Elisabeth Iceton Acquires 2,500 Shares

Jersey Electricity plc (LON:JEL – Get Rating) insider Elisabeth Iceton acquired 2,500 shares of the business’s stock in a transaction on Wednesday, March 15th. The stock was purchased at an average cost of GBX 490 ($5.97) per share, with a total value of £12,250 ($14,929.92).

Jersey Electricity Price Performance

JEL opened at GBX 495 ($6.03) on Friday. The stock has a market capitalization of £57.62 million, a price-to-earnings ratio of 1,833.33 and a beta of 0.26. The company has a fifty day moving average of GBX 502.58 and a two-hundred day moving average of GBX 512.22. The company has a debt-to-equity ratio of 14.02, a quick ratio of 2.90 and a current ratio of 3.19. Jersey Electricity plc has a fifty-two week low of GBX 476 ($5.80) and a fifty-two week high of GBX 625 ($7.62).

Jersey Electricity Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 23rd. Stockholders of record on Thursday, February 16th will be paid a dividend of GBX 10.80 ($0.13) per share. The ex-dividend date is Thursday, February 16th. This represents a dividend yield of 2.1%. This is a boost from Jersey Electricity’s previous dividend of $7.60. Jersey Electricity’s payout ratio is currently 6,666.67%.

About Jersey Electricity

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Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey, the Channel Islands. The company provides energy solutions for domestic and commercial customers looking to switch from fossil-fuel-based energy to clean and low-carbon electricity; and home solutions, including heating systems and hot water, renewable energy, electric transport and related chargers, amenity lighting, air conditioning, and CosyCare maintenance.