Volution Group plc (LON:FAN) Declares GBX 3.40 Dividend

Volution Group plc (LON:FAN) declared a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 3.40 ($0.04) per share on Tuesday, May 6th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Thursday, March 27th. The official announcement can be accessed at this link.

Volution Group Trading Up 0.5 %

Shares of Volution Group stock traded up GBX 3 ($0.04) during trading on Tuesday, hitting GBX 562 ($7.26). 84,457 shares of the company were exchanged, compared to its average volume of 961,037. The firm has a market capitalization of £1.11 billion, a P/E ratio of 25.87 and a beta of 1.36. The firm’s fifty day moving average price is GBX 533.13 and its 200 day moving average price is GBX 555.66. The company has a debt-to-equity ratio of 34.97, a current ratio of 1.28 and a quick ratio of 0.98. Volution Group has a 1-year low of GBX 400 ($5.17) and a 1-year high of GBX 624 ($8.06).

Volution Group (LON:FAN) last released its quarterly earnings data on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. As a group, sell-side analysts expect that Volution Group will post 30.0441826 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 700 ($9.05) price target on shares of Volution Group in a report on Thursday, March 13th.

About Volution Group

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.