Tyman plc (LON:TYMN) Plans Dividend Increase – GBX 9.50 Per Share

Tyman plc (LON:TYMN) declared a dividend on Thursday, March 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be given a dividend of GBX 9.50 ($0.12) per share on Wednesday, May 29th. This represents a yield of 3.22%. The ex-dividend date of this dividend is Thursday, April 25th. This is an increase from Tyman’s previous dividend of $4.20. The official announcement can be viewed at this link.

Tyman Price Performance

TYMN opened at GBX 396 ($4.89) on Tuesday. The business has a fifty day moving average of GBX 297.26 and a 200 day moving average of GBX 287.11. Tyman has a 52-week low of GBX 230 ($2.84) and a 52-week high of GBX 400 ($4.94). The company has a quick ratio of 1.16, a current ratio of 1.64 and a debt-to-equity ratio of 44.08. The stock has a market cap of £772.04 million, a P/E ratio of 2,086.84, a PEG ratio of 0.88 and a beta of 1.46.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 360 ($4.45) price objective on shares of Tyman in a report on Thursday, March 7th.

About Tyman

Tyman plc designs, manufactures, and supplies engineered fenestration components and access solutions to the construction industry. It operates through three divisions: Tyman North America, Tyman UK & Ireland, and Tyman International. The Tyman North America division offers single and multipoint locking systems, decorative handle trim sets, and precision rollers; operators, tie bar/locks, and hinges for casement and awning applications; hardware for sliding and hung windows; and locks/keepers, integrated tilt latches, rollers, balance systems, seals, and extruded profiles for hung and sliding window applications, as well as various specialty access and safety products, including smoke vents, roof access hatches, floor access doors, and ladder posts.