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

Smiths Group plc (OTCMKTS:SMGZY) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders 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 Down 4.1 %

OTCMKTS:SMGZY traded down $1.09 during midday trading on Wednesday, hitting $25.82. The company had a trading volume of 25,315 shares, compared to its average volume of 12,109. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.28. Smiths Group has a 52-week low of $19.34 and a 52-week high of $27.00. The stock’s fifty day moving average price is $25.41 and its 200-day moving average price is $23.16.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SMGZY. Citigroup upgraded Smiths Group to a “strong-buy” rating in a research report on Thursday, November 28th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Smiths Group in a research report on Monday, February 3rd.

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.