Alumasc Group plc Announces Dividend of GBX 2.80 (ALU)
Alumasc Group plc (LON:ALU) announced a dividend on Tuesday, September 2nd, ARN reports. Investors of record on Thursday, October 9th will be paid a dividend of GBX 2.80 ($0.05) per share on Wednesday, November 5th. This represents a dividend yield of 2.15%. The ex-dividend date is Thursday, October 9th. The official announcement can be viewed at this link.
On the ratings front, analysts at FinnCap reiterated a “buy” rating on shares of Alumasc Group plc in a research note on Tuesday. They now have a GBX 172 ($2.85) price target on the stock.
Shares of Alumasc Group plc (LON:ALU) traded up 6.25% on Tuesday, hitting GBX 127.50. The stock had a trading volume of 62,531 shares. Alumasc Group plc has a 1-year low of GBX 108.66 and a 1-year high of GBX 133.40. The stock’s 50-day moving average is GBX 113.5 and its 200-day moving average is GBX 121.6. The company’s market cap is £45.4 million.
The Alumasc Group plc is a supplier of premium building and precision engineering products. The principal activities of the Company are the design, manufacture and marketing of products for the building and construction industries and the manufacture of engineering products and components for original equipment manufacturers (LON:ALU).
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