JBG SMITH Properties (JBGS) To Go Ex-Dividend on November 12th

JBG SMITH Properties (NYSE:JBGS) declared a quarterly dividend on Thursday, October 29th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.1750 per share on Wednesday, November 25th. This represents a $0.70 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Thursday, November 12th.

JBG SMITH Properties has a payout ratio of -36.1% indicating that 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 Performance

Shares of JBGS stock opened at $11.86 on Friday. The business’s fifty day simple moving average is $11.29 and its 200-day simple moving average is $13.99. The company has a market cap of $694.47 million, a PE ratio of 17.92 and a beta of 1.11. The company has a current ratio of 4.89, a quick ratio of 4.89 and a debt-to-equity ratio of 2.35. JBG SMITH Properties has a 12-month low of $9.93 and a 12-month high of $19.67.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a real estate investment trust that owns, operates and develops mixed-use properties in the Washington, DC, metropolitan area. Its portfolio includes multifamily residential communities, office buildings and retail properties, with a focus on urban, transit-oriented locations.

The company has a particularly significant presence in National Landing, which encompasses parts of Arlington and Alexandria, Virginia. JBG SMITH’s activities in the area include the development and redevelopment of large mixed-use projects featuring apartments, offices, retail space and public amenities.