Renew Holdings Plc (LON:RNWH) announced a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, February 1st will be paid a dividend of GBX 6 ($0.08) per share on Tuesday, March 13th. This represents a yield of 1.4%. The ex-dividend date is Thursday, February 1st. This is an increase from Renew’s previous dividend of $3.00. The official announcement can be viewed at this link.
Shares of Renew (LON:RNWH) opened at GBX 457 ($6.20) on Friday. The company has a market capitalization of $293.20 and a PE ratio of 2,285.00. Renew has a 12-month low of GBX 400 ($5.42) and a 12-month high of GBX 490 ($6.64).
Separately, FinnCap restated a “buy” rating and set a GBX 586 ($7.95) target price on shares of Renew in a research report on Monday, October 2nd.
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Renew Holdings plc operates as a contractor in engineering services and specialist building. The Company’s activities are carried out in the United Kingdom with some development activities in the United States. The Company’s segments include Engineering Services, which comprises the engineering activities, which are characterized by the use of the Company’s engineering workforce, supplemented by specialist subcontractors where appropriate, in a range of civil, mechanical and electrical engineering applications and; Specialist Building, which comprises the building activities, which are characterized by the use of a supply chain of subcontractors to carry out building works under the control of the Company as principal contractor, and Central activities, which include the sale of land for development, the leasing and sub-leasing of some United Kingdom properties and the provision of central services to the operating subsidiaries.
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