Tristel plc (LON:TSTL) Announces Dividend Increase – GBX 8.28 Per Share

Tristel plc (LON:TSTL) announced a dividend on Monday, October 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 8.28 ($0.11) per share on Friday, December 20th. This represents a dividend yield of 2.1%. The ex-dividend date is Thursday, November 28th. This is a boost from Tristel’s previous dividend of $5.24. The official announcement can be viewed at this link.

Tristel Stock Performance

TSTL opened at GBX 398.35 ($5.17) on Tuesday. The firm has a market cap of £189.81 million, a P/E ratio of 2,980.77 and a beta of 0.23. The business’s fifty day moving average is GBX 426.46 and its 200-day moving average is GBX 445.55. Tristel has a 52-week low of GBX 346 ($4.49) and a 52-week high of GBX 510 ($6.62). The company has a debt-to-equity ratio of 19.12, a quick ratio of 3.83 and a current ratio of 4.92.

Insider Activity

In other Tristel news, insider Elizabeth Dixon sold 50,000 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of GBX 397 ($5.15), for a total transaction of £198,500 ($257,725.27). Corporate insiders own 4.89% of the company’s stock.

About Tristel

Tristel plc develops, manufactures, and sells infection prevention products in the United Kingdom and internationally. The company operates through three segments: Hospital Medical Device Decontamination, Hospital Environmental Surface Disinfection, and Other. It offers medical instrument disinfection products, including airway management, cardiology, ear, nose and throat, endoscopy, gastrointestinal physiology, laboratory, ophthalmology, phlebotomy, reproductive health/IVF, surface, ultrasound, urology, women's health, and other products under the Tristel brand.