Costain Group PLC (LON:COST) Raises Dividend to GBX 0.80 Per Share

Costain Group PLC (LON:COST) declared a dividend on Tuesday, March 12th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 0.80 ($0.01) per share on Tuesday, May 28th. This represents a yield of 1.18%. The ex-dividend date is Thursday, April 18th. This is a positive change from Costain Group’s previous dividend of $0.40. The official announcement can be accessed at this link.

Costain Group Stock Down 2.1 %

Shares of LON:COST opened at GBX 75.21 ($0.94) on Wednesday. The business’s 50 day simple moving average is GBX 69.80 and its two-hundred day simple moving average is GBX 63.30. The firm has a market cap of £208.12 million, a P/E ratio of 960.00, a PEG ratio of 1.63 and a beta of 2.40. The company has a debt-to-equity ratio of 11.08, a quick ratio of 1.32 and a current ratio of 1.39. Costain Group has a 52-week low of GBX 40.90 ($0.51) and a 52-week high of GBX 80.78 ($1.01).

Insiders Place Their Bets

In other news, insider Alex Vaughan sold 282,443 shares of the firm’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of GBX 78 ($0.97), for a total value of £220,305.54 ($274,250.64). Corporate insiders own 21.36% of the company’s stock.

Costain Group Company Profile

Costain Group PLC provides smart infrastructure solutions for the transportation, energy, water, and defense markets in the United Kingdom. The company operates through two segments, Transportation and Natural Resources. The Transportation segment operates in the road, rail, and integrated transport markets.