Ashtead Technology Holdings Plc (LON:AT) Increases Dividend to GBX 1.10 Per Share

Ashtead Technology Holdings Plc (LON:AT) declared a dividend on Tuesday, April 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 2nd will be given a dividend of GBX 1.10 ($0.01) per share on Monday, June 3rd. This represents a yield of 0.15%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost from Ashtead Technology’s previous dividend of $1.00. The official announcement can be seen at this link.

Ashtead Technology Price Performance

Ashtead Technology stock opened at GBX 687 ($8.55) on Wednesday. The stock’s fifty day moving average price is GBX 724.26 and its two-hundred day moving average price is GBX 606.44. Ashtead Technology has a one year low of GBX 310 ($3.86) and a one year high of GBX 791 ($9.85). The company has a debt-to-equity ratio of 38.53, a current ratio of 1.56 and a quick ratio of 1.46. The firm has a market cap of £549.26 million, a PE ratio of 3,271.43 and a beta of 0.32.

About Ashtead Technology

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. It offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products; mechanical solutions, consisting of subsea cutting, coating removal and cleaning, subsea dredging, ROV and driver tooling, intervention skids, topside support, recovery tools, pumps, reels, ancillary deck equipment, and fabrication solutions; and asset integrity solutions, including imaging and inspection, oceanographic, marine growth removal, monitoring, mooring and riser inspection, environmental monitoring, offshore construction and life of asset monitoring, offshore wind foundation inspection, analysis, 3D imaging and metrology, and remote operations.