Avon Rubber plc (AVON) Plans Dividend of GBX 8.21

Avon Rubber plc (LON:AVON) declared a dividend on Wednesday, November 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, February 15th will be given a dividend of GBX 8.21 ($0.12) per share on Friday, March 16th. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, February 15th. This is an increase from Avon Rubber’s previous dividend of $4.11. The official announcement can be viewed at this link.

Shares of Avon Rubber (LON:AVON) opened at GBX 1,230 ($17.25) on Friday. Avon Rubber has a 12-month low of GBX 885 ($12.41) and a 12-month high of GBX 1,325 ($18.58). The company has a market capitalization of $384.69 and a PE ratio of 1,757.14.

In other Avon Rubber news, insider Nick Keveth bought 428 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were purchased at an average cost of GBX 1,157 ($16.22) per share, for a total transaction of £4,951.96 ($6,943.30). Also, insider Petrus R. M. Vervaat bought 967 shares of the company’s stock in a transaction dated Monday, January 8th. The shares were acquired at an average price of GBX 1,200 ($16.83) per share, for a total transaction of £11,604 ($16,270.33). Insiders have bought a total of 1,433 shares of company stock worth $1,700,765 over the last 90 days.

A number of equities research analysts have recently commented on the company. Peel Hunt raised their target price on Avon Rubber from GBX 1,300 ($18.23) to GBX 1,450 ($20.33) and gave the company a “buy” rating in a research report on Thursday, February 1st. N+1 Singer restated a “buy” rating and set a GBX 1,170 ($16.40) target price on shares of Avon Rubber in a research report on Wednesday, December 6th. Finally, Jefferies Group assumed coverage on Avon Rubber in a research report on Wednesday, November 8th. They set a “buy” rating and a GBX 1,230 ($17.25) target price on the stock.

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Avon Rubber Company Profile

Avon Rubber p.l.c. is engaged in the design, test and manufacturing specialist products from various sites. The Company operates in two segments: Protection & Defence, and Dairy. It operates out of Europe and the United States. Its Protection & Defence segment consists of a range of respiratory products.

Dividend History for Avon Rubber (LON:AVON)

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