Zotefoams plc (LON:ZTF) Raises Dividend to GBX 5.10 Per Share

Zotefoams plc (LON:ZTF) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 1st will be paid a dividend of GBX 5.10 ($0.07) per share on Monday, June 2nd. This represents a dividend yield of 1.92%. The ex-dividend date is Thursday, May 1st. This is a 114.3% increase from Zotefoams’s previous dividend of $2.38. The official announcement can be accessed at this link.

Zotefoams Stock Up 2.9 %

Shares of ZTF stock opened at GBX 273.80 ($3.56) on Wednesday. Zotefoams has a 12 month low of GBX 255 ($3.32) and a 12 month high of GBX 595.20 ($7.74). The firm has a market cap of £131.69 million, a PE ratio of 13.26, a price-to-earnings-growth ratio of 0.66 and a beta of 1.40. The stock has a 50 day moving average of GBX 290.38 and a 200-day moving average of GBX 343.61. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 42.07.

Zotefoams (LON:ZTF) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 25.95 ($0.34) EPS for the quarter. Zotefoams had a return on equity of 8.42% and a net margin of 7.45%.

Insider Activity at Zotefoams

In other news, insider Ronan Cox bought 3,204 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average cost of GBX 310 ($4.03) per share, for a total transaction of £9,932.40 ($12,912.64). 18.96% of the stock is currently owned by corporate insiders.

About Zotefoams

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.