AIREA plc (LON:AIEA) Announces Dividend Increase – GBX 0.55 Per Share

AIREA plc (LON:AIEA) announced a dividend on Tuesday, March 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be paid a dividend of GBX 0.55 ($0.01) per share on Monday, May 20th. This represents a dividend yield of 1.86%. The ex-dividend date is Thursday, April 18th. This is an increase from AIREA’s previous dividend of $0.50. The official announcement can be viewed at this link.

AIREA Price Performance

Shares of LON:AIEA opened at GBX 33.60 ($0.42) on Wednesday. The company has a current ratio of 2.91, a quick ratio of 1.66 and a debt-to-equity ratio of 14.48. AIREA has a 1 year low of GBX 21.36 ($0.27) and a 1 year high of GBX 39.46 ($0.49). The business has a fifty day simple moving average of GBX 30.22 and a 200 day simple moving average of GBX 27.01. The firm has a market cap of £13.89 million, a price-to-earnings ratio of 1,116.67 and a beta of 1.05.

About AIREA

AIREA plc, together with its subsidiaries, engages in the designing and manufacture of floor coverings in the United Kingdom and internationally. The company offers carpet tiles and planks for architects, specifiers and contractors in the education, leisure, commercial, healthcare, and public sectors under the Burmatex brand name.