SIG plc Announces Dividend of GBX 1.42 (SHI)
SIG plc (LON:SHI) announced a dividend on Tuesday, August 12th, Stock Ratings Network reports. Investors of record on Thursday, October 9th will be paid a dividend of GBX 1.42 ($0.02) per share on Friday, November 7th. This represents a dividend yield of 0.84%. The ex-dividend date is Thursday, October 9th. The official announcement can be viewed at this link.
SHI has been the subject of a number of recent research reports. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of SIG plc in a research note on Tuesday. On a related note, analysts at Panmure Gordon reiterated a “buy” rating on shares of SIG plc in a research note on Friday. They now have a GBX 262 ($4.40) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of SIG plc in a research note on Friday. They now have a GBX 220 ($3.69) price target on the stock. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 221.27 ($3.71).
Shares of SIG plc (LON:SHI) traded down 2.56% during mid-day trading on Tuesday, hitting GBX 167.60. 3,260,974 shares of the company’s stock traded hands. SIG plc has a 52 week low of GBX 164.00 and a 52 week high of GBX 219.10. The stock’s 50-day moving average is GBX 174.8 and its 200-day moving average is GBX 192.3. The company’s market cap is £990.7 million.
SIG plc is engaged in the supply of specialist products to construction and related markets in the United Kingdom, Ireland and Mainland Europe.
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