Cranswick plc (LON:CWK) Declares GBX 25 Dividend

Cranswick plc (LON:CWK) declared a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 12th will be paid a dividend of GBX 25 ($0.31) per share on Friday, January 24th. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, December 12th. The official announcement can be seen at this link.

Cranswick Trading Down 4.6 %

Shares of Cranswick stock opened at GBX 4,835 ($60.73) on Tuesday. The stock has a market capitalization of £2.60 billion, a PE ratio of 2,423.09, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The stock has a 50 day moving average price of GBX 5,000.45 and a two-hundred day moving average price of GBX 4,661.73. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.02 and a current ratio of 1.66. Cranswick has a 52 week low of GBX 3,728 ($46.82) and a 52 week high of GBX 5,260 ($66.06).

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CWK shares. Shore Capital reissued a “house stock” rating on shares of Cranswick in a research report on Monday, July 29th. Jefferies Financial Group restated a “buy” rating and set a GBX 50 ($0.63) price objective on shares of Cranswick in a research note on Monday, July 29th.

Insiders Place Their Bets

In related news, insider Christopher Aldersley sold 16,500 shares of the business’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of GBX 4,910 ($61.67), for a total value of £810,150 ($1,017,520.72). Also, insider Mark Bottomley sold 430 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of GBX 4,658 ($58.50), for a total transaction of £20,029.40 ($25,156.24). Insiders own 4.54% of the company’s stock.

About Cranswick

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.