Spirax-Sarco Engineering plc (SPX) Announces GBX 25.50 Dividend
Spirax-Sarco Engineering plc (LON:SPX) announced a dividend on Wednesday, August 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 12th will be paid a dividend of GBX 25.50 ($0.33) per share on Friday, November 10th. This represents a dividend yield of 0.44%. The ex-dividend date of this dividend is Thursday, October 12th. The official announcement can be seen at this link.
Shares of Spirax-Sarco Engineering plc (LON SPX) traded up 4.66% during mid-day trading on Wednesday, hitting GBX 5835.00. The company had a trading volume of 210,786 shares. The company has a 50-day moving average price of GBX 5,512.66 and a 200-day moving average price of GBX 5,076.24. The company’s market capitalization is GBX 4.29 billion. Spirax-Sarco Engineering plc has a 1-year low of GBX 4,076.00 and a 1-year high of GBX 5,835.00.
In other Spirax-Sarco Engineering plc news, insider Kevin Boyd bought 1,000 shares of Spirax-Sarco Engineering plc stock in a transaction dated Monday, June 12th. The stock was acquired at an average cost of GBX 5,401 ($70.33) per share, with a total value of £54,010 ($70,334.68).
Several equities analysts have issued reports on the stock. Deutsche Bank AG restated a “buy” rating on shares of Spirax-Sarco Engineering plc in a research note on Thursday, June 1st. J P Morgan Chase & Co cut shares of Spirax-Sarco Engineering plc to a “neutral” rating in a report on Friday, June 2nd. BNP Paribas reaffirmed a “neutral” rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, July 18th. Numis Securities Ltd reaffirmed an “add” rating on shares of Spirax-Sarco Engineering plc in a report on Tuesday, July 18th. Finally, Investec reaffirmed a “not rated” rating on shares of Spirax-Sarco Engineering plc in a report on Wednesday. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 3,825 ($49.81).
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Spirax-Sarco Engineering plc Company Profile
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. The Company’s segments include Europe, Middle East & Africa; Asia Pacific; Americas; Steam specialties business, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The Company’s businesses include Spirax Sarco and Watson-Marlow.
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