Coats Group plc (LON:COA) Announces Dividend Increase – $0.02 Per Share

Coats Group plc (LON:COA) declared a dividend on Thursday, March 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 2nd will be given a dividend of $0.02 per share on Thursday, May 30th. This represents a dividend yield of 2.27%. The ex-dividend date is Thursday, May 2nd. This is a positive change from Coats Group’s previous dividend of $0.0081. The official announcement can be accessed at this link.

Coats Group Price Performance

LON:COA opened at GBX 80.66 ($1.01) on Tuesday. The stock has a 50 day moving average of GBX 77.06 and a two-hundred day moving average of GBX 73.34. Coats Group has a 12 month low of GBX 63.50 ($0.80) and a 12 month high of GBX 83 ($1.04). The firm has a market cap of £1.28 billion, a P/E ratio of 2,035.00, a price-to-earnings-growth ratio of 0.92 and a beta of 1.38. The company has a current ratio of 1.16, a quick ratio of 1.06 and a debt-to-equity ratio of 102.36.

About Coats Group

Coats Group plc, together with its subsidiaries, manufactures and supplies industrial sewing threads worldwide. The company provides threads, yarns, zips, trims, composites, and fabrics for use in apparel, such as children's wear, denims, intimate and underwear, ladieswear, leather wear, menswear, sports and activewear, and workwear & uniforms; handbags, luggage, bags, and fashion accessories; dress and casual, protective, and sports footwear; home textiles, mattress and beddings, outdoor goods, and sporting goods; cut protection, fire services, healthcare PPE, industrial thermal, and military purposes; automotive, marine, and tyre cord applications; telecoms and energy cables; and tea bags, and medical and filtration purpose.