Essentra plc (LON:ESNT) Declares Dividend Increase – GBX 29.80 Per Share

Essentra plc (LON:ESNT – Get Rating) announced a dividend on Thursday, February 2nd, Upcoming.Co.Uk reports. Stockholders of record on Monday, March 20th will be paid a dividend of GBX 29.80 ($0.36) per share on Thursday, April 27th. This represents a dividend yield of 13.61%. The ex-dividend date of this dividend is Monday, March 20th. This is a boost from Essentra’s previous dividend of $2.30. The official announcement can be seen at this link.

Essentra Trading Up 1.2 %

Shares of LON:ESNT opened at GBX 214 ($2.61) on Friday. The company has a debt-to-equity ratio of 96.80, a quick ratio of 0.50 and a current ratio of 1.41. The stock’s 50-day moving average is GBX 222.17 and its 200-day moving average is GBX 220.51. Essentra has a 52-week low of GBX 168.60 ($2.05) and a 52-week high of GBX 336 ($4.10). The company has a market cap of £645.62 million, a P/E ratio of 7,133.33, a P/E/G ratio of 3.84 and a beta of 1.24.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 295 ($3.60) target price on shares of Essentra in a research note on Monday, February 20th.

About Essentra

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Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products.