Norcros plc (NXR) Plans GBX 2.40 Dividend
Norcros plc (LON:NXR) declared a dividend on Thursday, November 17th. Stockholders of record on Thursday, December 15th will be given a dividend of GBX 2.40 ($0.03) per share on Thursday, January 12th. This represents a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, December 15th. The official announcement can be viewed at this link.
Norcros plc (LON:NXR) opened at 149.00 on Friday. Norcros plc has a 12-month low of GBX 137.00 and a 12-month high of GBX 208.00. The stock’s 50 day moving average price is GBX 145.54 and its 200-day moving average price is GBX 162.60. The firm’s market cap is GBX 90.88 million.
In other Norcros plc news, insider Nick Kelsall sold 163,720 shares of the stock in a transaction on Tuesday, September 27th. The stock was sold at an average price of GBX 154 ($1.92), for a total transaction of £252,128.80 ($315,003.50).
Separately, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.75) price target on shares of Norcros plc in a research report on Thursday.
Norcros plc Company Profile
Norcros Plc is a holding company for the Norcros Group. The Company’s principal activities include development, manufacture and marketing of home consumer products in the United Kingdom and South Africa. The Company’s segments include UK and South Africa. The Company has six United Kingdom businesses, including Triton Showers, Vado, Croydex, Abode, Johnson Tiles and Norcros Adhesives, and three businesses in South Africa, including Johnson Tiles South Africa, TAL and Tile Africa.
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