Eurocell plc (LON:ECEL) to Issue Dividend Increase - GBX 3.90 Per Share

Eurocell plc (LON:ECEL - Get Free Report) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be given a dividend of GBX 3.90 ($0.05) per share on Friday, May 23rd. This represents a yield of 2.52%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 77.3% increase from Eurocell's previous dividend of $2.20. The official announcement can be viewed at this link.

Eurocell Price Performance

Shares of LON ECEL traded down GBX 1 ($0.01) during midday trading on Tuesday, reaching GBX 161 ($2.08). The company's stock had a trading volume of 251,993 shares, compared to its average volume of 162,952. The business's 50 day moving average price is GBX 149.28 and its two-hundred day moving average price is GBX 165.78. The company has a market cap of £163.86 million, a P/E ratio of 14.18 and a beta of 0.84. The company has a debt-to-equity ratio of 58.43, a quick ratio of 0.87 and a current ratio of 1.58. Eurocell has a fifty-two week low of GBX 116.25 ($1.51) and a fifty-two week high of GBX 191 ($2.47).

Eurocell (LON:ECEL - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) earnings per share (EPS) for the quarter. Eurocell had a net margin of 3.51% and a return on equity of 11.31%. On average, analysts forecast that Eurocell will post 19.470852 EPS for the current fiscal year.

Remove Ads

Insider Activity

In other news, insider Alison Littley purchased 1,804 shares of the company's stock in a transaction dated Monday, February 10th. The shares were purchased at an average price of GBX 145 ($1.88) per share, for a total transaction of £2,615.80 ($3,386.59). Insiders own 2.13% of the company's stock.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 300 ($3.88) price target on shares of Eurocell in a report on Thursday, March 20th.

Eurocell Company Profile

Eurocell plc engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland. The company operates through Profiles and Building Plastics segments. It also offers fascia and capping boards, finishing trims, soffit boards, ventilators, and accessories; decking, fencing, and balustrade.