Low & Bonar plc Plans Dividend of GBX 1.05 (LWB)
Low & Bonar plc (LON:LWB) announced a dividend on Tuesday, July 11th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 24th will be paid a dividend of GBX 1.05 ($0.01) per share on Friday, September 22nd. This represents a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, August 24th. The official announcement can be seen at this link.
Shares of Low & Bonar plc (LON LWB) traded down 5.88% during mid-day trading on Tuesday, hitting GBX 80.00. The stock had a trading volume of 325,077 shares. The stock’s 50-day moving average is GBX 86.72 and its 200-day moving average is GBX 75.63. Low & Bonar plc has a 1-year low of GBX 59.25 and a 1-year high of GBX 91.00. The firm’s market capitalization is GBX 263.19 million.
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A number of brokerages have weighed in on LWB. N+1 Singer downgraded Low & Bonar plc to a “hold” rating in a report on Tuesday. Peel Hunt lifted their target price on Low & Bonar plc from GBX 90 ($1.17) to GBX 110 ($1.42) and gave the stock a “buy” rating in a report on Thursday, June 29th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 112 ($1.45) target price on shares of Low & Bonar plc in a report on Tuesday, April 25th.
About Low & Bonar plc
Low & Bonar PLC is a United Kingdom-based company engaged in international manufacturing and supply of performance materials. The Company’s segments include Building & Industrial, Civil Engineering, Coated Technical Textiles, and Interiors & Transportation. The Building & Industrial global business unit (GBU) supplies a range of technical textile solutions for applications in the building, roofing, air and water filtration and agricultural markets.
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