Eurocell plc (LON:ECEL) Raises Dividend to GBX 3.90 Per Share

Eurocell plc (LON:ECELGet Free Report) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 3.90 ($0.05) per share on Friday, May 23rd. This represents a yield of 2.52%. The ex-dividend date is Thursday, April 24th. This is a 77.3% increase from Eurocell’s previous dividend of $2.20. The official announcement can be seen at this link.

Eurocell Stock Performance

LON ECEL opened at GBX 166 ($2.14) on Friday. The business’s 50-day moving average price is GBX 149.10 and its 200 day moving average price is GBX 165.44. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 58.43. The firm has a market cap of £168.94 million, a P/E ratio of 14.62 and a beta of 0.84. Eurocell has a 52-week low of GBX 115 ($1.48) and a 52-week high of GBX 191 ($2.47).

Eurocell (LON:ECELGet Free Report) last released its quarterly earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a return on equity of 11.31% and a net margin of 3.51%. On average, equities research analysts expect that Eurocell will post 19.470852 earnings per share for the current year.

Insiders Place Their Bets

In other Eurocell news, insider Alison Littley acquired 1,804 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were acquired at an average cost of GBX 145 ($1.87) per share, for a total transaction of £2,615.80 ($3,377.40). 2.13% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 ($3.87) price objective on shares of Eurocell in a research report on Thursday.

Get Our Latest Analysis on Eurocell

About Eurocell

(Get Free Report)

Eurocell plc engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland. The company operates through Profiles and Building Plastics segments. It also offers fascia and capping boards, finishing trims, soffit boards, ventilators, and accessories; decking, fencing, and balustrade.

Further Reading

Dividend History for Eurocell (LON:ECEL)

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