Van Elle Holdings PLC Announces Dividend of GBX 1.40 (VANL)

Van Elle Holdings PLC (LON:VANL) announced a dividend on Thursday, January 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, February 8th will be given a dividend of GBX 1.40 ($0.02) per share on Wednesday, March 7th. This represents a yield of 1.53%. The ex-dividend date is Thursday, February 8th. The official announcement can be accessed at this link.

Shares of Van Elle (VANL) traded down GBX 1.44 ($0.02) during mid-day trading on Friday, reaching GBX 90.06 ($1.26). The company’s stock had a trading volume of 43,703 shares, compared to its average volume of 228,039. Van Elle has a one year low of GBX 75.04 ($1.05) and a one year high of GBX 129.78 ($1.82). The firm has a market capitalization of $73.09 and a P/E ratio of 750.50.

Several research firms have issued reports on VANL. FinnCap reiterated a “buy” rating and set a GBX 120 ($1.69) price objective on shares of Van Elle in a research note on Friday, October 27th. Peel Hunt restated a “buy” rating and set a GBX 140 ($1.97) target price on shares of Van Elle in a report on Wednesday, November 22nd.

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Van Elle Company Profile

Van Elle Holdings plc is a geotechnical engineering contracting company. The Company offers end-to-end solutions, including site investigation, driven, bored, drilled and augered piling, and ground stabilization services. It also develops, manufactures and installs precast concrete products for use in specialist foundation applications.

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