Springfield Properties PLC (LON:SPR) Increases Dividend to GBX 3.20 Per Share
Springfield Properties PLC (LON:SPR) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 31st will be given a dividend of GBX 3.20 ($0.04) per share on Monday, November 18th. This represents a yield of 2.91%. The ex-dividend date is Thursday, October 31st. This is an increase from Springfield Properties’s previous dividend of $1.20. The official announcement can be viewed at this link.
Shares of SPR traded up GBX 4 ($0.05) during mid-day trading on Tuesday, hitting GBX 110 ($1.44). 75,366 shares of the company’s stock were exchanged. The company has a market cap of $106.85 million and a price-to-earnings ratio of 9.91. Springfield Properties has a fifty-two week low of GBX 95 ($1.24) and a fifty-two week high of GBX 129 ($1.69). The company has a debt-to-equity ratio of 31.69, a quick ratio of 0.49 and a current ratio of 4.00. The stock’s 50-day moving average is GBX 105.83 and its 200-day moving average is GBX 110.60.
Separately, Peel Hunt raised shares of Springfield Properties to an “add” rating in a research report on Tuesday.
Springfield Properties Plc, together with its subsidiary, Glassgreen Hire Limited, engages in the house building business in the United Kingdom. The company operates through two divisions, Private Housing and Affordable. It is also involved in hiring plants and machineries. The company was founded in 1956 and is based in Elgin, the United Kingdom.
Further Reading: Initial Coin Offering (ICO)
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