Insider Buying: Stelrad Group PLC (LON:SRAD) Insider Purchases 8,100 Shares of Stock

Stelrad Group PLC (LON:SRAD) insider Katherine Innes Ker bought 8,100 shares of Stelrad Group stock in a transaction dated Thursday, March 28th. The stock was acquired at an average cost of GBX 118 ($1.49) per share, with a total value of £9,558 ($12,078.86).

Stelrad Group Stock Performance

LON SRAD traded down GBX 0.40 ($0.01) during trading hours on Thursday, hitting GBX 118.10 ($1.49). 17,400 shares of the stock were exchanged, compared to its average volume of 89,332. The company has a market cap of £150.40 million, a price-to-earnings ratio of 987.50 and a beta of 0.20. Stelrad Group PLC has a 12-month low of GBX 92 ($1.16) and a 12-month high of GBX 140 ($1.77). The stock has a 50-day moving average of GBX 119.81 and a 200 day moving average of GBX 111.87. The company has a quick ratio of 0.76, a current ratio of 1.59 and a debt-to-equity ratio of 164.32.

Stelrad Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Thursday, April 25th will be given a dividend of GBX 4.72 ($0.06) per share. This is a positive change from Stelrad Group’s previous dividend of $2.92. This represents a yield of 4.31%. The ex-dividend date is Thursday, April 25th. Stelrad Group’s dividend payout ratio is presently 6,666.67%.

Stelrad Group Company Profile

Stelrad Group PLC manufactures and distributes radiators in the United Kingdom, Ireland, Europe, Turkey, and internationally. It provides steel panel and low surface temperature radiators; towel warmers; decorative steel tubular and column radiators; and electric, hybrid, and dual fuel radiators under the Stelrad, Henrad, Termo Teknik, Hudevad, and DL Radiators brands.