Balfour Beatty plc (BBY) To Go Ex-Dividend on October 31st

Balfour Beatty plc (LON:BBY) announced a dividend on Wednesday, August 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 31st will be given a dividend of GBX 3.80 ($0.05) per share on Friday, December 6th. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, October 31st. The official announcement can be seen at this link.

Balfour Beatty Price Performance

LON:BBY opened at GBX 444.80 ($5.77) on Tuesday. Balfour Beatty has a 52 week low of GBX 294.80 ($3.82) and a 52 week high of GBX 458 ($5.94). The company has a quick ratio of 0.84, a current ratio of 0.99 and a debt-to-equity ratio of 79.17. The stock has a market capitalization of £2.27 billion, a PE ratio of 1,061.43, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81. The stock’s 50-day moving average price is GBX 427.49 and its 200-day moving average price is GBX 397.54.

Insider Buying and Selling

In other Balfour Beatty news, insider Philip Harrison sold 360,000 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of GBX 409 ($5.30), for a total value of £1,472,400 ($1,909,479.96). In other news, insider Robert MacLeod purchased 17,674 shares of Balfour Beatty stock in a transaction dated Tuesday, September 17th. The shares were purchased at an average price of GBX 422 ($5.47) per share, with a total value of £74,584.28 ($96,724.52). Also, insider Philip Harrison sold 360,000 shares of Balfour Beatty stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of GBX 409 ($5.30), for a total transaction of £1,472,400 ($1,909,479.96). 1.15% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 475 ($6.16) price objective on shares of Balfour Beatty in a report on Thursday, August 15th.

Balfour Beatty Company Profile

Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.