Travis Perkins plc (LON:TPK) Plans Dividend Increase – GBX 18.55 Per Share

Travis Perkins plc (LON:TPK) declared a dividend on Tuesday, April 1st, DividendData.Co.Uk reports. Investors of record on Thursday, May 22nd will be paid a dividend of GBX 18.55 ($0.25) per share on Monday, August 25th. This represents a yield of 1.64%. The ex-dividend date is Thursday, May 22nd. This is a 237.3% increase from Travis Perkins’s previous dividend of $5.50. The official announcement can be seen at this link.

Travis Perkins Trading Up 0.8%

Shares of TPK stock opened at GBX 640 ($8.55) on Tuesday. The firm has a market capitalization of £1.35 billion, a P/E ratio of -77.48, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 48.33. The firm’s fifty day simple moving average is GBX 554.79 and its 200 day simple moving average is GBX 658.80. Travis Perkins has a 1 year low of GBX 477.37 ($6.38) and a 1 year high of GBX 976 ($13.04).

Travis Perkins (LON:TPK) last announced its quarterly earnings results on Tuesday, April 1st. The company reported GBX 36.60 ($0.49) earnings per share (EPS) for the quarter. Travis Perkins had a negative net margin of 0.37% and a negative return on equity of 0.85%. As a group, sell-side analysts predict that Travis Perkins will post 59.251837 EPS for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 650 ($8.68) price target on shares of Travis Perkins in a report on Thursday, May 1st.

Insider Buying and Selling at Travis Perkins

In other news, insider Duncan Cooper sold 5,238 shares of the business’s stock in a transaction on Friday, April 4th. The shares were sold at an average price of GBX 508 ($6.79), for a total value of £26,609.04 ($35,540.32). Insiders own 3.63% of the company’s stock.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.