Spirax-Sarco Engineering plc (LON:SPX) declared a dividend on Tuesday, August 9th. Investors of record on Thursday, October 13th will be given a dividend of GBX 22.50 ($0.29) per share on Friday, November 11th. This represents a yield of 0.52%. The ex-dividend date of this dividend is Thursday, October 13th. The official announcement can be accessed at this link.

Spirax-Sarco Engineering plc (LON:SPX) opened at 4561.00 on Friday. Spirax-Sarco Engineering plc has a 12-month low of GBX 2,664.00 and a 12-month high of GBX 4,745.00. The company’s 50-day moving average price is GBX 4,433.25 and its 200-day moving average price is GBX 3,851.24. The firm’s market capitalization is GBX 3.34 billion.

Dividend History for Spirax-Sarco Engineering plc (LON:SPX)

Several analysts recently commented on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 3,350 ($43.73) price target on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, June 15th. HSBC reaffirmed a “hold” rating and issued a GBX 3,450 ($45.03) price target on shares of Spirax-Sarco Engineering plc in a research note on Thursday, June 30th. BNP Paribas boosted their price target on Spirax-Sarco Engineering plc from GBX 3,000 ($39.16) to GBX 3,400 ($44.38) and gave the company an “underperform” rating in a research note on Wednesday, July 13th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 4,100 ($53.52) price target on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, August 10th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 3,558.50 ($46.45).

In other news, insider Pike,Jamie bought 1,133 shares of the company’s stock in a transaction dated Wednesday, August 10th. The stock was bought at an average price of GBX 4,413 ($57.60) per share, for a total transaction of £49,999.29 ($65,264.70).

About Spirax-Sarco Engineering plc

Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. The Company’s segments include Europe, Middle East & Africa; Asia Pacific; Americas; Steam specialties business, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The Company’s businesses include Spirax Sarco and Watson-Marlow.

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