Croda International Plc (CRDA) to Distribute Dividend of GBX 62 on May 29th

Croda International Plc (LON:CRDA) announced a dividend on Tuesday, February 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 62 ($0.77) per share on Wednesday, May 29th. This represents a dividend yield of 1.26%. The ex-dividend date is Thursday, April 18th. This is a boost from Croda International’s previous dividend of $47.00. The official announcement can be seen at this link.

Croda International Stock Up 1.5 %

Shares of LON:CRDA opened at GBX 4,839 ($60.24) on Tuesday. The company has a quick ratio of 2.25, a current ratio of 2.84 and a debt-to-equity ratio of 29.99. The business’s 50 day moving average is GBX 4,825.70 and its 200 day moving average is GBX 4,690.94. The stock has a market cap of £6.76 billion, a P/E ratio of 3,909.02, a price-to-earnings-growth ratio of 1.62 and a beta of 0.71. Croda International has a 52-week low of GBX 4,018 ($50.02) and a 52-week high of GBX 7,132 ($88.78).

Insiders Place Their Bets

In other news, insider Tom Brophy sold 820 shares of the business’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of GBX 4,954 ($61.67), for a total transaction of £40,622.80 ($50,569.90). In the last quarter, insiders have purchased 9 shares of company stock valued at $43,116. Insiders own 0.94% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 5,200 ($64.73) price objective on shares of Croda International in a report on Wednesday, February 28th.

About Croda International

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.