Harworth Group plc (LON:HWG) Declares Dividend Increase – GBX 1.13 Per Share

Harworth Group plc (LON:HWG) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 1.13 ($0.01) per share on Friday, May 23rd. This represents a dividend yield of 0.65%. The ex-dividend date is Thursday, April 24th. This is a 130.1% increase from Harworth Group’s previous dividend of $0.49. The official announcement can be viewed at this link.

Harworth Group Stock Performance

Shares of Harworth Group stock traded up GBX 3.50 ($0.05) during trading hours on Tuesday, hitting GBX 170 ($2.21). 1,180,735 shares of the company’s stock traded hands, compared to its average volume of 209,486. Harworth Group has a 12-month low of GBX 125 ($1.62) and a 12-month high of GBX 195 ($2.53). The stock has a market capitalization of £559.67 million, a price-to-earnings ratio of 11.21 and a beta of 0.74. The company has a fifty day simple moving average of GBX 164.63 and a 200-day simple moving average of GBX 171.45. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13.

Harworth Group (LON:HWG) last announced its earnings results on Tuesday, March 18th. The company reported GBX 17.70 ($0.23) earnings per share (EPS) for the quarter. Harworth Group had a return on equity of 7.75% and a net margin of 52.25%. Equities research analysts anticipate that Harworth Group will post 15.3212521 EPS for the current fiscal year.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.