Whitbread plc (WTBDY) To Go Ex-Dividend on May 25th

Whitbread plc (OTCMKTS:WTBDY – Get Rating) declared a dividend on Saturday, May 20th, investing.com reports. Shareholders of record on Friday, May 26th will be paid a dividend of 0.1549 per share on Friday, July 14th. This represents a dividend yield of 2.22%. The ex-dividend date is Thursday, May 25th. This is a boost from Whitbread’s previous dividend of $0.07.

Whitbread Stock Performance

WTBDY opened at $10.30 on Monday. The business has a 50-day moving average of $9.59 and a two-hundred day moving average of $8.86. Whitbread has a 12 month low of $6.28 and a 12 month high of $10.58.

Analysts Set New Price Targets

WTBDY has been the topic of a number of recent analyst reports. Barclays increased their price target on shares of Whitbread from GBX 3,750 ($46.97) to GBX 4,000 ($50.11) in a research note on Tuesday, May 2nd. JPMorgan Chase & Co. increased their target price on shares of Whitbread from GBX 4,200 ($52.61) to GBX 4,300 ($53.86) in a research report on Wednesday, April 26th. Peel Hunt raised shares of Whitbread to a “buy” rating in a research report on Friday, April 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Whitbread from GBX 3,530 ($44.22) to GBX 3,780 ($47.35) in a research note on Wednesday, April 26th.

About Whitbread

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Whitbread Plc engages in the operation of a chain of hotels, restaurants, and coffee shops. It operates through the following segments: UK & Ireland, Germany, and Central & Other. Its brands include Premier Inn, Beefeater, Brewers Fayre, Table Table, Bar + Block Steakhouse, Cookhouse & Pub, and Thyme.