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The Weir Group PLC (OTCMKTS:WEGRY) Plans Dividend Increase - $0.14 Per Share

The Weir Group logo with Construction background

The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Investors of record on Tuesday, April 22nd will be given a dividend of 0.1394 per share on Wednesday, June 4th. The ex-dividend date is Tuesday, April 22nd. This is a 46.8% increase from The Weir Group's previous dividend of $0.10.

The Weir Group Trading Down 1.4 %

OTCMKTS:WEGRY opened at $14.82 on Friday. The Weir Group has a 1 year low of $11.80 and a 1 year high of $16.21. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.62. The stock has a fifty day moving average price of $14.77 and a two-hundred day moving average price of $14.29.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas downgraded shares of The Weir Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 6th.

Check Out Our Latest Research Report on The Weir Group

About The Weir Group

(Get Free Report)

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.

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Dividend History for The Weir Group (OTCMKTS:WEGRY)

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