James Hardie Industries plc (JHX) Announces Special Dividend of $1.00
James Hardie Industries plc (NYSE:JHX) declared a special dividend on Tuesday, June 3rd, Stock Ratings Network.com reports. Investors of record on Thursday, June 12th will be given a dividend of 1.00 per share on Friday, August 8th. This represents a yield of 4.87%. The ex-dividend date of this dividend is Tuesday, June 10th.
On the ratings front, analysts at Morgan Stanley upgraded shares of James Hardie Industries plc from an “equal weight” rating to an “overweight” rating in a research note on Thursday, May 15th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $37.06.
Shares of James Hardie Industries plc (NYSE:JHX) traded down 2.42% on Tuesday, hitting $65.7601. 2,658 shares of the company’s stock traded hands. James Hardie Industries plc has a 52-week low of $39.97 and a 52-week high of $72.26. The stock has a 50-day moving average of $64. and a 200-day moving average of $61.07. The company has a market cap of $29.266 billion and a P/E ratio of 306.32.
James Hardie Industries plc is a manufacturer of fiber cement products and systems for internal and external building construction applications in the United States, Australia, New Zealand, and the Philippines.
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