Hargreaves Services Plc (LON:HSP) Increases Dividend to GBX 18.50 Per Share

Hargreaves Services Plc (LON:HSP - Get Free Report) announced a dividend on Wednesday, January 29th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be given a dividend of GBX 18.50 ($0.24) per share on Tuesday, April 8th. This represents a dividend yield of 2.77%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 2.8% increase from Hargreaves Services's previous dividend of $18.00. The official announcement can be seen at this link.

Hargreaves Services Stock Down 2.5 %

Shares of LON HSP traded down GBX 16 ($0.21) during trading on Friday, reaching GBX 636 ($8.21). The company had a trading volume of 181,282 shares, compared to its average volume of 41,146. Hargreaves Services has a 12-month low of GBX 470 ($6.07) and a 12-month high of GBX 720 ($9.30). The stock has a market cap of £214.69 million, a PE ratio of 17.42 and a beta of 0.85. The business's 50-day moving average is GBX 641.71 and its 200 day moving average is GBX 592.73. The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 17.75.

Hargreaves Services (LON:HSP - Get Free Report) last released its earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.16) EPS for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. As a group, equities analysts forecast that Hargreaves Services will post 42.9487179 earnings per share for the current fiscal year.

Hargreaves Services Company Profile

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company's three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS).