Vesuvius plc (VSVS) To Go Ex-Dividend on April 18th

Vesuvius plc (LON:VSVS) announced a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 16.20 ($0.20) per share on Friday, May 31st. This represents a yield of 3.33%. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from Vesuvius’s previous dividend of $6.80. The official announcement can be viewed at this link.

Vesuvius Trading Down 3.4 %

Shares of VSVS opened at GBX 475 ($5.91) on Tuesday. The stock has a fifty day moving average price of GBX 484.68 and a two-hundred day moving average price of GBX 458.09. The company has a debt-to-equity ratio of 30.47, a quick ratio of 1.20 and a current ratio of 1.95. The company has a market cap of £1.27 billion, a price-to-earnings ratio of 1,117.05, a PEG ratio of 0.57 and a beta of 1.30. Vesuvius has a 52-week low of GBX 378.60 ($4.71) and a 52-week high of GBX 504.68 ($6.28).

Analyst Ratings Changes

Several research analysts recently issued reports on VSVS shares. Jefferies Financial Group reiterated a “buy” rating and set a GBX 675 ($8.40) price target on shares of Vesuvius in a research report on Thursday, February 29th. Berenberg Bank upped their target price on shares of Vesuvius from GBX 480 ($5.98) to GBX 580 ($7.22) and gave the stock a “buy” rating in a research report on Tuesday, March 5th.

Insider Activity at Vesuvius

In other news, insider Patrick André sold 66,184 shares of Vesuvius stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of GBX 484 ($6.03), for a total transaction of £320,330.56 ($398,768.28). In related news, insider Mark Collis purchased 8,228 shares of the stock in a transaction dated Thursday, February 29th. The stock was bought at an average cost of GBX 484 ($6.03) per share, with a total value of £39,823.52 ($49,574.90). Also, insider Patrick André sold 66,184 shares of Vesuvius stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of GBX 484 ($6.03), for a total transaction of £320,330.56 ($398,768.28). 1.34% of the stock is owned by company insiders.

About Vesuvius

Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry industries worldwide. It operates through Flow Control, Sensor & Probes, and Advanced Refractories segments. The company provides consumables and equipment, which includes binders, coatings, feeding systems, filtration and gating systems, melt shop refractories, metallurgical and pouring control systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.