Cranswick plc (CWK) to Issue Dividend of GBX 67.30 on August 30th

Cranswick plc (LON:CWKGet Free Report) announced a dividend on Tuesday, May 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, July 18th will be paid a dividend of GBX 67.30 ($0.86) per share on Friday, August 30th. This represents a yield of 1.53%. The ex-dividend date is Thursday, July 18th. This is a positive change from Cranswick’s previous dividend of $22.70. The official announcement can be accessed at this link.

Cranswick Stock Performance

Shares of CWK stock opened at GBX 4,425 ($56.24) on Thursday. Cranswick has a 12 month low of GBX 3,143.58 ($39.95) and a 12 month high of GBX 4,480 ($56.94). The company has a debt-to-equity ratio of 19.32, a current ratio of 1.81 and a quick ratio of 1.02. The firm has a market capitalization of £2.39 billion, a P/E ratio of 1,885.11, a P/E/G ratio of 2.62 and a beta of 0.43. The company’s fifty day moving average price is GBX 4,197.61 and its two-hundred day moving average price is GBX 4,000.90.

Analyst Ratings Changes

CWK has been the topic of a number of recent analyst reports. Shore Capital reiterated a “house stock” rating on shares of Cranswick in a report on Tuesday. Redburn Partners initiated coverage on shares of Cranswick in a report on Wednesday, March 20th. They issued a “buy” rating and a GBX 4,900 ($62.28) price objective on the stock. Finally, Berenberg Bank boosted their price objective on shares of Cranswick from GBX 4,921 ($62.54) to GBX 5,312 ($67.51) and gave the stock a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Cranswick presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,503 ($57.23).

View Our Latest Stock Report on CWK

Insider Activity at Cranswick

In related news, insider Mark Bottomley sold 400 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of GBX 4,184 ($53.18), for a total transaction of £16,736 ($21,270.97). In other Cranswick news, insider Christopher Aldersley sold 1,330 shares of the company’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of GBX 4,090 ($51.98), for a total value of £54,397 ($69,137.01). Also, insider Mark Bottomley sold 400 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of GBX 4,184 ($53.18), for a total transaction of £16,736 ($21,270.97). Insiders own 4.49% of the company’s stock.

Cranswick Company Profile

(Get Free Report)

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.

See Also

Dividend History for Cranswick (LON:CWK)

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