Stelrad Group PLC (LON:SRAD) to Issue Dividend of GBX 4.72

Stelrad Group PLC (LON:SRAD) announced a dividend on Friday, March 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of GBX 4.72 ($0.06) per share on Wednesday, May 29th. This represents a yield of 4.31%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from Stelrad Group’s previous dividend of $2.92. The official announcement can be accessed at this link.

Stelrad Group Stock Performance

SRAD opened at GBX 130.32 ($1.61) on Wednesday. The firm has a market cap of £165.96 million, a P/E ratio of 1,087.50 and a beta of 0.22. Stelrad Group has a 1-year low of GBX 92 ($1.14) and a 1-year high of GBX 140 ($1.73). The company has a 50 day simple moving average of GBX 118.40 and a two-hundred day simple moving average of GBX 114.02. The company has a debt-to-equity ratio of 164.32, a current ratio of 1.59 and a quick ratio of 0.76.

Insiders Place Their Bets

In other Stelrad Group news, insider Annette Borén purchased 4,500 shares of the firm’s stock in a transaction that occurred on Thursday, April 11th. The shares were bought at an average price of GBX 122 ($1.51) per share, with a total value of £5,490 ($6,781.13). In other news, insider Katherine Innes Ker bought 8,100 shares of Stelrad Group stock in a transaction dated Thursday, March 28th. The shares were acquired at an average price of GBX 118 ($1.46) per share, with a total value of £9,558 ($11,805.83). Also, insider Annette Borén purchased 4,500 shares of the business’s stock in a transaction dated Thursday, April 11th. The stock was bought at an average price of GBX 122 ($1.51) per share, for a total transaction of £5,490 ($6,781.13). Company insiders own 65.31% of the company’s stock.

Stelrad Group Company Profile

Stelrad Group PLC manufactures and distributes radiators in the United Kingdom, Ireland, Europe, Turkey, and internationally. It offers steel panel and low surface temperature radiators; towel warmers; decorative steel tubular radiators; steel multicolumn and aluminium radiators; and hydronic, hybrid, dual fuel, and electrical heat emitters under the Stelrad, Henrad, Termo Teknik, DL Radiators, and Hudevad brands.