Travis Perkins plc (OTCMKTS:TPRKY) Increases Dividend to $0.12 Per Share

Travis Perkins plc (OTCMKTS:TPRKY) announced a dividend on Wednesday, April 16th, investing.com reports. Shareholders of record on Wednesday, April 23rd will be paid a dividend of 0.1165 per share on Thursday, June 5th. This represents a yield of 2.65%. The ex-dividend date is Tuesday, April 22nd. This is a 59.1% increase from Travis Perkins’s previous dividend of $0.07.

Travis Perkins Price Performance

Travis Perkins stock opened at $6.90 on Thursday. The stock’s 50 day moving average price is $7.66 and its 200 day moving average price is $9.13. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.98 and a current ratio of 1.65. Travis Perkins has a 1-year low of $6.31 and a 1-year high of $13.00.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt upgraded shares of Travis Perkins from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, April 3rd.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.