Goodwin PLC (LON:GDWN – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 7,100 ($89.18) and last traded at GBX 6,855 ($86.11), with a volume of 828 shares. The stock had previously closed at GBX 7,020 ($88.18).
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a “house stock” rating on shares of Goodwin in a research note on Thursday, March 14th.
View Our Latest Stock Report on GDWN
Goodwin Trading Up 1.8 %
Goodwin Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 21st were paid a dividend of GBX 57.50 ($0.72) per share. The ex-dividend date of this dividend was Thursday, March 21st. This is a boost from Goodwin’s previous dividend of $53.90. This represents a dividend yield of 1.22%. Goodwin’s payout ratio is 5,528.85%.
Insider Buying and Selling
In related news, insider Bernard Rafe Ernest Goodwin sold 675 shares of Goodwin stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of GBX 5,640 ($70.85), for a total transaction of £38,070 ($47,820.63). 67.55% of the stock is owned by insiders.
About Goodwin
Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check valves, axial nozzle check valves and axial piston control, and isolation valves for large construction projects, including the construction of naval vessels, nuclear waste treatment, nuclear power generation, liquefied natural gas, gas, oil, petrochemical, mining, and water markets; submersible slurry pumps; and radar surveillance systems for defense contractors, civil aviation authorities, and coastal border security agencies.
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