Porvair plc (LON:PRV) Declares Dividend of GBX 4.20

Porvair plc (LON:PRV) declared a dividend on Monday, February 10th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 1st will be paid a dividend of GBX 4.20 ($0.06) per share on Wednesday, June 4th. This represents a dividend yield of 0.64%. The ex-dividend date of this dividend is Thursday, May 1st. This is a 100.0% increase from Porvair’s previous dividend of $2.10. The official announcement can be seen at this link.

Porvair Stock Performance

LON:PRV opened at GBX 727.17 ($9.77) on Tuesday. Porvair has a twelve month low of GBX 599 ($8.05) and a twelve month high of GBX 768 ($10.32). The firm has a market cap of £332.72 million, a price-to-earnings ratio of 21.56 and a beta of 0.76. The company has a current ratio of 1.83, a quick ratio of 1.22 and a debt-to-equity ratio of 19.67. The company has a 50-day moving average of GBX 692.38 and a 200-day moving average of GBX 683.16.

Porvair (LON:PRV) last announced its quarterly earnings data on Monday, February 10th. The company reported GBX 38.60 ($0.52) earnings per share for the quarter. Porvair had a return on equity of 10.75% and a net margin of 8.57%. Analysts forecast that Porvair will post 39.0358613 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “hold” rating on shares of Porvair in a research report on Tuesday, April 15th.

Insider Buying and Selling

In related news, insider Ben Stocks sold 70,000 shares of the stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of GBX 716 ($9.62), for a total value of £501,200 ($673,384.39). 21.55% of the stock is currently owned by corporate insiders.

Porvair Company Profile

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications.