Avingtrans plc (LON:AVG) to Issue Dividend of GBX 2.40
Avingtrans plc (LON:AVG) declared a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 24th will be paid a dividend of GBX 2.40 ($0.03) per share on Friday, December 6th. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, October 24th. This is a positive change from Avingtrans’s previous dividend of $1.40. The official announcement can be accessed at this link.
Shares of Avingtrans stock traded down GBX 1.50 ($0.02) during trading hours on Wednesday, reaching GBX 238.50 ($3.12). The stock had a trading volume of 203,045 shares, compared to its average volume of 32,181. The stock’s 50 day moving average is GBX 234.99 and its 200 day moving average is GBX 222.66. The firm has a market capitalization of $74.49 million and a PE ratio of 298.13. Avingtrans has a twelve month low of GBX 170.10 ($2.22) and a twelve month high of GBX 260 ($3.40). The company has a current ratio of 1.27, a quick ratio of 0.86 and a debt-to-equity ratio of 17.57.
Separately, FinnCap reiterated a “corporate” rating on shares of Avingtrans in a research report on Wednesday.
Avingtrans plc manufactures and sells engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, containers, and skidded systems; and fabricated poles and cabinets for roadside safety cameras and rail track signaling.
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