Smiths Group plc (OTCMKTS:SMGZY) to Issue Dividend of $0.18

Smiths Group plc (OTCMKTS:SMGZY) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Friday, April 4th will be given a dividend of 0.1839 per share by the business services provider on Wednesday, May 21st. The ex-dividend date is Friday, April 4th.

Smiths Group Stock Performance

Shares of SMGZY traded down $1.09 during mid-day trading on Wednesday, hitting $25.82. 25,315 shares of the company’s stock traded hands, compared to its average volume of 12,109. The business’s 50-day moving average price is $25.41 and its 200-day moving average price is $23.16. Smiths Group has a 1 year low of $19.34 and a 1 year high of $27.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.07 and a quick ratio of 1.39.

Analysts Set New Price Targets

SMGZY has been the subject of several research reports. Royal Bank of Canada restated a “sector perform” rating on shares of Smiths Group in a report on Monday, February 3rd. Citigroup raised shares of Smiths Group to a “strong-buy” rating in a research note on Thursday, November 28th.

About Smiths Group

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.