Alumasc Group plc (ALU) to Issue Dividend of GBX 3.80 on November 1st
Alumasc Group plc (LON:ALU) announced a dividend on Thursday, September 1st. Investors of record on Thursday, October 6th will be given a dividend of GBX 3.80 ($0.05) per share on Tuesday, November 1st. This represents a yield of 2.2%. The ex-dividend date is Thursday, October 6th. This is an increase from Alumasc Group plc’s previous dividend of $2.70. The official announcement can be viewed at this link.
Shares of Alumasc Group plc (LON:ALU) opened at 159.50 on Friday. The company’s 50-day moving average is GBX 156.26 and its 200-day moving average is GBX 151.80. Alumasc Group plc has a 12-month low of GBX 115.00 and a 12-month high of GBX 219.74. The firm’s market capitalization is GBX 56.77 million.
In related news, insider Hooper,G Paul bought 4,529 shares of the company’s stock in a transaction that occurred on Monday, July 4th. The shares were acquired at an average price of GBX 138 ($1.80) per share, with a total value of £6,250.02 ($8,158.23). Also, insider Magson,Andrew sold 8,793 shares of the business’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of GBX 173 ($2.26), for a total transaction of £15,211.89 ($19,856.27).
A number of equities analysts have recently commented on the stock. FinnCap reissued a “buy” rating and issued a GBX 225 ($2.94) price target on shares of Alumasc Group plc in a research report on Friday, July 1st. Peel Hunt reissued a “buy” rating and issued a GBX 210 ($2.74) price target on shares of Alumasc Group plc in a research report on Friday, July 1st.
Alumasc Group plc Company Profile
The Alumasc Group plc is a premium building products, systems and solutions group. The principal activities of the Company are the design, manufacture and marketing of products for the building and construction industries, and the manufacture of components for a range of industrial markets. Its segments include Energy management, and Water management & House Building products.
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