Polypipe Group PLC (PLP) Announces Dividend of GBX 1.50
Polypipe Group PLC (LON:PLP) declared a dividend on Monday, August 18th, Analyst Ratings Net reports. Investors of record on Wednesday, August 27th will be given a dividend of GBX 1.50 ($0.03) per share on Friday, September 26th. This represents a yield of 0.62%. The ex-dividend date of this dividend is Wednesday, August 27th. The official announcement can be viewed at this link.
A number of research firms have recently commented on PLP. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Polypipe Group PLC in a research note on Monday. They now have a GBX 281 ($4.70) price target on the stock. On a related note, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Polypipe Group PLC in a research note on Monday. They now have a GBX 300 ($5.02) price target on the stock.
Shares of Polypipe Group PLC (LON:PLP) traded up 2.54% on Monday, hitting GBX 242.00. The stock had a trading volume of 139,810 shares. Polypipe Group PLC has a 1-year low of GBX 155.05 and a 1-year high of GBX 273.50. The stock has a 50-day moving average of GBX 246. and a 200-day moving average of GBX 254.8. The company’s market cap is £484.0 million.
Polypipe Group PLC is engaged in design, develop and manufacture range of plastic piping products in the United Kingdom.
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