Residential and student accommodation developer Watkin Jones (LON: WJG) was hit hard by Covid-19 after-effects but the share price has started to recover. The full year figures have been well-flagged, but the trading statement on Tuesday 19 January should clarify the prospects for the operations.
Pre-tax profit is expected to decline from £50.2m to £45m. Net cash was £90m at the end of September 2020 and this will enable the company to pay a dividend twice covered by earnings. That suggests a 7p a share pay out for a normal full year. There was no interim dividend but the final dividend sh...
