Titon Holdings plc (LON:TON) Increases Dividend to GBX 3 Per Share
Titon Holdings plc (LON:TON) announced a dividend on Thursday, December 12th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 3 ($0.04) per share on Friday, February 21st. This represents a dividend yield of 2.4%. The ex-dividend date is Thursday, January 16th. This is an increase from Titon’s previous dividend of $1.75. The official announcement can be viewed at this link.
TON stock opened at GBX 127 ($1.67) on Wednesday. Titon has a one year low of GBX 106 ($1.39) and a one year high of GBX 215 ($2.83). The company has a fifty day moving average of GBX 127.82 and a 200-day moving average of GBX 134.50. The stock has a market capitalization of $14.08 million and a PE ratio of 10.00.
Separately, Shore Capital reiterated a “house stock” rating on shares of Titon in a research note on Monday, December 16th.
Titon Holdings Plc designs, manufactures, and markets ventilation products, and door and window fittings in the United Kingdom, South Korea, North America, and internationally. It offers a range of passive and powered ventilation products for house builders, electrical contractors, window and door manufacturers, and construction companies; and supplies window and door hardware material.
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