CRH PLC (ADR) Declares Semiannual Dividend of $0.25 (CRH)
CRH PLC (NYSE:CRH) announced a semiannual dividend on Wednesday, August 20th, AmericanBankingNews.com reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.2464 per share on Friday, October 31st. This represents a dividend yield of 2.14%. The ex-dividend date is Wednesday, August 27th.
A number of research firms have recently commented on CRH. Analysts at Numis Securities Ltd upgraded shares of CRH PLC to a “hold” rating in a research note on Wednesday. On a related note, analysts at Liberum Capital reiterated a “hold” rating on shares of CRH PLC in a research note on Tuesday. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC in a research note on Monday, August 4th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold”.
Shares of CRH PLC (NYSE:CRH) traded down 3.31% during mid-day trading on Wednesday, hitting $23.06. 696,220 shares of the company’s stock traded hands. CRH PLC has a 52-week low of $20.56 and a 52-week high of $30.06. The stock has a 50-day moving average of $24.69 and a 200-day moving average of $27.2. The company’s market cap is $16.908 billion. CRH PLC also was the recipient of a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 337,360 shares, a decrease of 67.7% from the July 15th total of 1,043,641 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 393,643 shares, the days-to-cover ratio is currently 0.9 days.
CRH plc is a diversified building materials company, which manufactures and distributes building material products from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.
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