Stelrad Group PLC (LON:SRAD) to Issue Dividend of GBX 4.81

Stelrad Group PLC (LON:SRAD) announced a dividend on Friday, March 7th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 4.81 ($0.06) per share on Tuesday, May 27th. This represents a yield of 3.63%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 61.4% increase from Stelrad Group’s previous dividend of $2.98. The official announcement can be viewed at this link.

Stelrad Group Stock Performance

Shares of SRAD stock opened at GBX 135.80 ($1.82) on Tuesday. Stelrad Group has a 12 month low of GBX 109 ($1.46) and a 12 month high of GBX 158 ($2.11). The company’s fifty day moving average price is GBX 136.15 and its 200-day moving average price is GBX 140.63. The stock has a market cap of £180.41 million, a PE ratio of 11.67 and a beta of 0.25. The company has a current ratio of 1.64, a quick ratio of 0.76 and a debt-to-equity ratio of 167.32.

Stelrad Group (LON:SRAD) last issued its quarterly earnings results on Friday, March 7th. The company reported GBX 13.05 ($0.17) earnings per share for the quarter. Stelrad Group had a return on equity of 28.08% and a net margin of 5.25%. On average, equities analysts expect that Stelrad Group will post 14.9369544 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Katherine Innes Ker acquired 7,015 shares of Stelrad Group stock in a transaction dated Tuesday, January 28th. The stock was purchased at an average cost of GBX 143 ($1.91) per share, for a total transaction of £10,031.45 ($13,423.59). 64.35% of the stock is owned by corporate insiders.

Stelrad Group Company Profile

Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.