The Weir Group PLC (WEIR) To Go Ex-Dividend on April 18th

The Weir Group PLC (LON:WEIR) declared a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be paid a dividend of GBX 20.80 ($0.26) per share on Friday, May 31st. This represents a yield of 1.11%. The ex-dividend date is Thursday, April 18th. This is a boost from The Weir Group’s previous dividend of $17.80. The official announcement can be seen at this link.

The Weir Group Price Performance

Shares of WEIR stock opened at GBX 2,004 ($24.95) on Tuesday. The Weir Group has a twelve month low of GBX 1,652.50 ($20.57) and a twelve month high of GBX 2,094 ($26.07). The company has a current ratio of 2.04, a quick ratio of 1.16 and a debt-to-equity ratio of 82.21. The stock has a fifty day simple moving average of GBX 1,933.67 and a two-hundred day simple moving average of GBX 1,862.98. The stock has a market capitalization of £5.20 billion, a price-to-earnings ratio of 2,325.00, a P/E/G ratio of 2.59 and a beta of 1.42.

Insider Buying and Selling

In other The Weir Group news, insider Graham Vanhegan sold 1,869 shares of the business’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of GBX 2,036 ($25.35), for a total value of £38,052.84 ($47,370.65). 0.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of The Weir Group in a research note on Thursday, February 29th.

About The Weir Group

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.