Norcros plc (LON:NXR) Announces GBX 3.50 Dividend

Norcros plc (LON:NXRGet Free Report) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 28th will be paid a dividend of GBX 3.50 ($0.04) per share on Tuesday, January 14th. This represents a yield of 1.41%. The ex-dividend date of this dividend is Thursday, November 28th. The official announcement can be seen at this link.

Norcros Trading Up 0.4 %

Shares of LON:NXR opened at GBX 247.90 ($3.12) on Friday. The stock has a market capitalization of £221.85 million, a PE ratio of 823.33 and a beta of 1.39. The company’s 50-day moving average price is GBX 252.20 and its two-hundred day moving average price is GBX 233.65. The company has a debt-to-equity ratio of 40.60, a current ratio of 2.02 and a quick ratio of 0.91. Norcros has a one year low of GBX 161 ($2.03) and a one year high of GBX 283 ($3.56).

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NXR. Berenberg Bank restated a “buy” rating and issued a GBX 325 ($4.09) price target on shares of Norcros in a research note on Thursday. Shore Capital reissued a “buy” rating on shares of Norcros in a research note on Thursday.

View Our Latest Stock Analysis on Norcros

About Norcros

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Norcros plc, together with its subsidiaries, develops, manufactures, and markets bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand.

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Dividend History for Norcros (LON:NXR)

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