Shares of Goodwin PLC (LON:GDWN – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 7,300 ($91.71) and last traded at GBX 7,080 ($88.94), with a volume of 668 shares. The stock had previously closed at GBX 6,920 ($86.93).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a “house stock” rating on shares of Goodwin in a research note on Thursday, March 14th.
Get Our Latest Stock Report on GDWN
Goodwin Stock Performance
Goodwin Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 21st were paid a GBX 57.50 ($0.72) dividend. This is a boost from Goodwin’s previous dividend of $53.90. The ex-dividend date was Thursday, March 21st. This represents a dividend yield of 1.22%. Goodwin’s payout ratio is 5,502.39%.
Insider Buying and Selling
In related news, insider Bernard Rafe Ernest Goodwin sold 675 shares of the business’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of GBX 5,640 ($70.85), for a total value of £38,070 ($47,826.63). Insiders own 67.58% of the company’s stock.
About Goodwin
Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check valves, axial nozzle check valves and axial piston control, and isolation valves for large construction projects, including the construction of naval vessels, nuclear waste treatment, nuclear power generation, liquefied natural gas, gas, oil, petrochemical, mining, and water markets; submersible slurry pumps; and radar surveillance systems for defense contractors, civil aviation authorities, and coastal border security agencies.
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