Easyjet Dividends - EZJ

Easyjet Dividends - EZJ

Stock Name Stock Symbol Market Stock Type
Easyjet Plc EZJ London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 387.60 00:00:00
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Industry Sector

Easyjet EZJ Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

Top Posts
Posted at 29/11/2022 12:15 by sikhthetech
Good results and good to see Johan, CEO, agree with my comments that EZJ does well in tough times as many people (for sake of kids and their own wellbeing) still go on holidays (for their kids and own wellbeing) but look at cheaper alternatives.

"easyJet has achieved a record bounce back this summer with a performance which underlines that our transformation is delivering. The summer saw easyJet achieve its highest ever earnings for a single quarter with headline EBITDAR of GBP674 million, ancillaries up by 59% on FY19 and easyJet holidays well on its way to its GBP100m target.

"easyJet does well in tough times. Legacy carriers will struggle in this high-cost environment. Consumers will protect their holidays but look for value and across its primary airport network, easyJet will be the beneficiary as customers vote with their wallets.


sikhthetech - 14 Oct 2022 - 12:45:33 - 16261 of 16424 Easyjet 2014 and beyond -
I think people will move more to low cost airlines like EZJ to save money.
People don't give up holidays, they simply down grade to shorter trips, more cost effective hols, which is perfect for carriers like EZJ.

Look at the period during covid. People didn't give up holidays and sat at home because of covid, staycation flourished. Then when other countries opened up, they went abroad as soon as they could.

Posted at 28/11/2022 08:33 by deanmatlazin
we will find out whether the rumour of IAG buying out EZJ is true tomorrow. I expect no less than £6billion buy out.
Posted at 23/11/2022 09:07 by halfpenny
Looks like EZJ bookings are shooting up as Left Wing Unions Strike and Gas Bills rise. Cheaper to Go On Holiday over Winter Cold months.

EZJ are at a bargain level with great growth and opportunities ahead. 650p plus gets more likely every day as Flight Demand Increases faster than expected. Don’t miss out!

Posted at 21/11/2022 21:23 by halfpenny
Looks like more interest in EZJ as the Heathrow slots are in high demand.

Some analysts have a price target 650p plus. Strong demand for EzyJet flights next year as more want the Sunshine.

Posted at 08/11/2022 09:34 by pulsey
Funny how the naysayers have stopped posting but are still sneaking back to downvote the positive posts.

In the meantime, EZJ continues its steady recovery climb towards Results on the 29th, boosted by others in the Sector already reporting good recovery. Net cash in the bank and people still finding the cash for a holiday - perhaps at the lower EZJ, rather than premium level currently.

What's not to like?

Posted at 14/10/2022 12:45 by sikhthetech
I think people will move more to low cost airlines like EZJ to save money.
People don't give up holidays, they simply down grade to shorter trips, more cost effective hols, which is perfect for carriers like EZJ.

Look at the period during covid. People didn't give up holidays and sat at home because of covid, staycation flourished. Then when other countries opened up, they went abroad as soon as they could.

Posted at 23/9/2022 15:38 by danvandan
selkirk, perhaps you should continue to post even more rarely - unlike you, I've been completely right about EZJ so far this year. The end is nowhere in sight. We may well go below £2 here.

Jason, I presume you're the same excited mustard sandwich fan who latterly posted as jasonpugh. You were wrong back then and you are continuing to be wrong now. EZJ boasting about their little holiday company is a red herring. The main business has lost money all year long, despite a claimed massive recovery in passenger numbers. Final year accounts after Q4 will likely show a £750m loss. The fact is that the market continues to evolve badly for EZJ; fewer in-person meetings due to online meetings now being the norm, has taken a huge amount of business travellers out of EZJ's customer base; recession will reduce the number of ordinary holidaymakers, especially families; inflation is hiking costs for EZJ in every direction, but especially fuel and labour costs. All of this is adding up to a number of profitless years for EZJ, and given high interest rates, possibly another rights issue.

There are an awful lot of rampers here who seem to be in denial about what the share price is telling them. These are the same people who were claiming that the shares would soon be back at £7+ over recent weeks and months. I suggest you all stop mindlessly ramping and get comfortable with being in a loss-making basket-case for a couple of years.

Posted at 23/9/2022 04:18 by danvandan
The board did NOT 'walk away from 800p'. No bid has been made for EZJ and no bid will be made for this business since it is hemorrhaging cash in a tough market where there is lots of competition. A false rumour was encouraged by the management team about a 'bid' during the last rights issue, purely to ramp up the share price. If there HAD been a bid, it would have HAD to have been put before shareholders - those are the rules. The management don't own the company. Spin and dishonesty have unfortunately characterised much of EZJ's communication with customers and investors this year, especially concerning volumes and revenue, constantly claiming that volumes were at or near '2019 levels' only for the revenue to not appear when the accounts are due.

Another rights issue is more likely imv, to avoid EZJ falling into a debt trap.

Posted at 21/5/2022 15:46 by danvandan
This was under £5 just a few days ago - no 'black swan' event needed for that. No real telling which way it'll go over the next few days, but as has been pointed out, when the market moves on from what it thinks are 'recovery stories' and realises that EZJ isn't one of them, then the share price will be valued on fundamentals.

That may have happened already. The pandemic is mostly behind us. Now many investment houses are talking about coming recession. Only Apple is holding the US market up for the moment.

Sandbar are the 'conviction trader' shorting eZJ at the moment and they reduced their short on Thursday, contributing about a quarter of the buy trades on that day, possibly for fear of getting burnt by another wave of optimism. They're still short almost 1% of the total share issue though (about 7m shares). Their short reduction was most probably risk management more than anything.

Key aspects are two-fold. 1, in 2019, a record yr for EZJ, the business made £350m net profit. 2020, they lost a billion. 2021 they lost £800m. This year they will probably lose another £500m (already down £500m but I'm guessing a smaller loss for this quarter 3 balanced with a small profit for Q4). Maybe a profit in 2023 but it will most probably be a small one as it tries to tackle inflation and borrowing costs while also confronting a slowdown in consumer spending. So the fundamentals don't really support a bullcase based on EZJ's current market cap of £4bn.

2. The coming recession. All boats will sink on the descending tide. There is just too much going wrong right now. Inflation has been stoked by years of money printing. The Russo/Ukraine war has caused the supply shock that has now let the brakes off a runaway train of inflation. Continuously rising interest rates will hurt mortgage-holders and indebted businesses will inevitably start going broke as consumers rein-in spending. When lay-offs start, we will be on the downward roller-coaster run. Exactly when that starts is difficult to time, but the dow is down 15% from its recent peak - it may have already started. This might be the right moment to sell any EZJ spikes caused by irrational retail sentiment.

Posted at 03/12/2021 09:28 by danvandan
According to the H1 report, EZJ was losing an average of £38.5m a week. The full-year results show an average of £36m lost EVERY WEEK for the year, so H2 presumably was running at an average loss of £33.5m a week.

That massive loss of cash was achieved even though most of Europe was open for H2. Now we have lockdowns and tighter restrictions across most of the EU and north Africa and cashburn is likely to be back to the higher levels again.

If it's ONLY £35m a week the business will lose close to half a billion pounds in this quarter. Tellingly, EZJ gave NO UPDATE on this current quarter, but instead tried to distract us with a new metric - summer bookings - which are apparently up on the 2019 measure. However, EZJ refunded £200m in H2 and given that events and hotels are reporting mass cancellations, the same effect will occur for EZJ's summer bookings.

Omicron maps are now springing up showing the exponential spread of this new variant, and early results from studies are indicating that the virus will reinfect people who have already had earlier covid variants. This is very troubling because the level of immunity provided by an actual covid infection was previously acknowledged by scientists as being better than the vaccines.

The omicron mutations are predominantly in the spike protein, enabling reinfection, but there has been no word on the virus dna (inside the package under the spikes - the stuff that actually gets inside human cells, replicates and causes the damage) - it seems likely to me that since this is largely unchanged, omicron will be as deadly for the vulnerable as delta before it.

All of this means that disease will continue to be a major factor for travel throughout 2022 and many of those summer bookings will get cancelled. EZJ is still deep in the mire and the light at the end of the tunnel is moving away; the tunnel is getting longer! So what price/earnings multiple should be attached to this risk-ridden holiday-bus company?

If Q1 of this new trading year produces a £450m loss, it will wipe out any profit for the rest of the year and probably the next one too. If Q2 (Jan-March) also produces a loss, it might wipe out profit for the next three years or more. Currently, EZJ's market cap of £4bn might be valid for a business that can produce £350m a year in profits (with a small dividend) as EZJ did in 2018 and 2019, but by my reckoning we are two years away from that, and when profits return, debt will have probably doubled to £2bn or more. Dividends are many years away without another RIGHTS ISSUE. This share price should imv be somewhere around £2.50 max.

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P: V: D:20221202 07:35:38