Crh Plc (NYSE:CRH) Announces Quarterly Dividend of $0.39

Crh Plc (NYSE:CRH) declared a quarterly dividend on Thursday, April 30th. Investors of record on Friday, May 15th will be paid a dividend of 0.39 per share by the construction company on Wednesday, June 17th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, May 15th.

CRH has raised its dividend by an average of 0.1%per year over the last three years. CRH has a payout ratio of 24.4% meaning its dividend is sufficiently covered by earnings. Analysts expect CRH to earn $6.58 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 23.7%.

CRH Stock Down 2.3%

NYSE:CRH traded down $2.76 during mid-day trading on Friday, hitting $115.66. 4,004,094 shares of the stock traded hands, compared to its average volume of 5,118,366. The business’s 50-day moving average price is $111.10 and its 200 day moving average price is $117.87. The company has a market cap of $77.29 billion, a PE ratio of 20.95, a price-to-earnings-growth ratio of 1.99 and a beta of 1.35. CRH has a 12-month low of $86.82 and a 12-month high of $131.55.

CRH (NYSE:CRH) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.02. The company had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.07 billion. CRH had a net margin of 10.02% and a return on equity of 15.98%. The business’s quarterly revenue was up 9.1% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Analysts anticipate that CRH will post 5.95 earnings per share for the current fiscal year.

About CRH

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.