James Hardie Industries plc (ASX:JHX) Plans Dividend Increase – $0.12 Per Share

James Hardie Industries plc (ASX:JHX) declared a interim dividend on Sunday, November 10th, MarketIndexAU reports. Stockholders of record on Friday, December 20th will be paid a dividend of 0.116 per share on Friday, December 20th. This represents a dividend yield of 0.42%. The ex-dividend date is Friday, November 15th. This is a boost from James Hardie Industries’s previous interim dividend of $0.11.

Shares of JHX stock traded up A$1.04 ($0.74) on Friday, hitting A$27.66 ($19.62). The stock had a trading volume of 3,485,642 shares, compared to its average volume of 1,380,000. James Hardie Industries has a twelve month low of A$14.38 ($10.20) and a twelve month high of A$25.96 ($18.41). The firm has a market cap of $12.23 billion and a P/E ratio of 54.45. The company has a current ratio of 1.18, a quick ratio of 0.57 and a debt-to-equity ratio of 146.29. The company has a fifty day moving average price of A$24.93 and a two-hundred day moving average price of A$20.82.

About James Hardie Industries

James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement siding and backer board products. It operates through North America Fiber Cement, International Fiber Cement, Other Businesses, and Research and Development segments. The company offers fiber cement interior linings, exterior siding products, fiberglass windows, and related accessories products; fiber cement building materials for a range of applications, including external siding, internal walls, floors, ceilings, soffits, trim, fencing, decking, and facades; floor underlayments; planks, which are used in external siding; flat panels for internal and external wall linings; gypsum fiber boards; and cement-bonded boards.

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