Vesuvius plc (LON:VSVS) Declares Dividend Increase – GBX 16.40 Per Share

Vesuvius plc (LON:VSVS) declared a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid a dividend of GBX 16.40 ($0.22) per share on Friday, June 6th. This represents a yield of 4.14%. The ex-dividend date is Thursday, April 24th. This is a 131.0% increase from Vesuvius’s previous dividend of $7.10. The official announcement can be viewed at this link.

Vesuvius Price Performance

Shares of LON:VSVS opened at GBX 329.40 ($4.41) on Tuesday. The company’s fifty day moving average price is GBX 381.45 and its 200 day moving average price is GBX 393.61. The company has a debt-to-equity ratio of 41.62, a current ratio of 1.57 and a quick ratio of 1.20. Vesuvius has a 12 month low of GBX 310.80 ($4.16) and a 12 month high of GBX 509 ($6.81). The firm has a market capitalization of £842.20 million, a P/E ratio of 8.52, a P/E/G ratio of 0.57 and a beta of 1.20.

Vesuvius (LON:VSVS) last issued its quarterly earnings results on Friday, March 7th. The company reported GBX 43.30 ($0.58) earnings per share for the quarter. Vesuvius had a net margin of 5.56% and a return on equity of 8.49%. As a group, sell-side analysts predict that Vesuvius will post 51.3945695 earnings per share for the current fiscal year.

Insider Buying and Selling at Vesuvius

In other Vesuvius news, insider Patrick André sold 156,406 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of GBX 390 ($5.22), for a total transaction of £609,983.40 ($816,249.70). 1.28% of the stock is owned by company insiders.

About Vesuvius

We are a global leader in metal flow engineering, providing a full range of engineering services and solutions to its customers worldwide, principally serving the steel and foundry industries.