NEXT plc (LON:NXT) announced a dividend on Thursday, September 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 7th will be given a dividend of GBX 53 ($0.71) per share on Tuesday, January 2nd. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, December 7th. This is an increase from NEXT’s previous dividend of $45.00. The official announcement can be viewed at this link.

NEXT (LON:NXT) opened at GBX 4,409 ($59.34) on Wednesday. NEXT has a 1-year low of GBX 3,565 ($47.98) and a 1-year high of GBX 5,355 ($72.07).

In other news, insider Michael J. Roney bought 405 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of GBX 4,313 ($58.05) per share, with a total value of £17,467.65 ($23,509.62).

A number of equities analysts have recently commented on the company. Credit Suisse Group reiterated an “underperform” rating and issued a GBX 4,000 ($53.84) target price on shares of NEXT in a report on Friday, September 1st. reiterated a “reduce” rating and issued a GBX 3,800 ($51.14) target price on shares of NEXT in a report on Thursday, November 2nd. reiterated a “reduce” rating and issued a GBX 3,800 ($51.14) target price on shares of NEXT in a report on Thursday, November 2nd. HSBC reiterated a “reduce” rating and issued a GBX 3,800 ($51.14) target price on shares of NEXT in a report on Thursday, November 2nd. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 5,000 ($67.29) target price on shares of NEXT in a report on Tuesday. Ten investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 4,365.70 ($58.76).

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NEXT Company Profile

NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories and home products. The Company’s segments include NEXT Retail, a chain of over 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active customers and international Websites serving approximately 70 countries; NEXT International Retail, with approximately 200 mainly franchised stores; NEXT Sourcing, which designs and sources NEXT branded products; Lipsy, which designs and sells Lipsy branded younger women’s fashion products, and Property Management, which holds properties and property leases which are sub-let to other segments and external parties.

Dividend History for NEXT (LON:NXT)

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