Stelrad Group PLC (LON:SRAD) Raises Dividend to GBX 4.72 Per Share

Stelrad Group PLC (LON:SRAD) announced a dividend on Friday, March 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of GBX 4.72 ($0.06) per share on Wednesday, May 29th. This represents a yield of 4.31%. The ex-dividend date is Thursday, April 25th. This is a positive change from Stelrad Group’s previous dividend of $2.92. The official announcement can be accessed at this link.

Stelrad Group Price Performance

Shares of LON:SRAD opened at GBX 130 ($1.61) on Tuesday. Stelrad Group has a 12 month low of GBX 92 ($1.14) and a 12 month high of GBX 140 ($1.73). The stock has a market cap of £165.56 million, a price-to-earnings ratio of 1,108.33 and a beta of 0.22. The stock’s 50 day moving average price is GBX 118.32 and its 200 day moving average price is GBX 113.74. The company has a debt-to-equity ratio of 164.32, a current ratio of 1.59 and a quick ratio of 0.76.

Insider Buying and Selling at Stelrad Group

In related news, insider Annette Borén purchased 4,500 shares of the company’s stock in a transaction on Thursday, April 11th. The shares were bought at an average price of GBX 122 ($1.51) per share, with a total value of £5,490 ($6,781.13). In related news, insider Annette Borén purchased 4,500 shares of the company’s stock in a transaction on Thursday, April 11th. The shares were bought at an average price of GBX 122 ($1.51) per share, with a total value of £5,490 ($6,781.13). Also, insider Katherine Innes Ker purchased 8,100 shares of the company’s stock in a transaction on Thursday, March 28th. The stock was bought at an average cost of GBX 118 ($1.46) per share, for a total transaction of £9,558 ($11,805.83). 65.31% of the stock is owned by corporate insiders.

About Stelrad Group

Stelrad Group PLC manufactures and distributes radiators in the United Kingdom, Ireland, Europe, Turkey, and internationally. It offers steel panel and low surface temperature radiators; towel warmers; decorative steel tubular radiators; steel multicolumn and aluminium radiators; and hydronic, hybrid, dual fuel, and electrical heat emitters under the Stelrad, Henrad, Termo Teknik, DL Radiators, and Hudevad brands.