Crest Nicholson Holdings plc (LON:CRST) to Issue Dividend of GBX 1.20

Crest Nicholson Holdings plc (LON:CRST) declared a dividend on Tuesday, February 4th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 1.20 ($0.02) per share on Friday, April 25th. This represents a dividend yield of 0.78%. The ex-dividend date is Thursday, March 27th. This is a 20.0% increase from Crest Nicholson’s previous dividend of $1.00. The official announcement can be accessed at this link.

Crest Nicholson Stock Performance

Shares of CRST opened at GBX 175.09 ($2.26) on Tuesday. Crest Nicholson has a 52 week low of GBX 143.50 ($1.85) and a 52 week high of GBX 272.40 ($3.52). The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94. The stock has a market cap of £449.07 million, a price-to-earnings ratio of -16.86, a PEG ratio of 0.51 and a beta of 2.00. The business has a 50-day simple moving average of GBX 164.23 and a two-hundred day simple moving average of GBX 170.86.

Crest Nicholson (LON:CRST) last posted its quarterly earnings results on Tuesday, February 4th. The company reported GBX 5.60 ($0.07) earnings per share for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.47%. On average, analysts expect that Crest Nicholson will post 9.0980939 EPS for the current year.

Insider Activity

In other news, insider William Floydd acquired 11,024 shares of the company’s stock in a transaction on Friday, February 28th. The stock was bought at an average cost of GBX 157 ($2.03) per share, with a total value of £17,307.68 ($22,364.23). Corporate insiders own 9.46% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised Crest Nicholson to a “neutral” rating and lifted their target price for the stock from GBX 180 ($2.33) to GBX 190 ($2.46) in a report on Thursday, December 5th.

About Crest Nicholson

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.