Trifast plc (LON:TRI) Announces GBX 0.60 Dividend

Trifast plc (LON:TRI - Get Free Report) announced a dividend on Tuesday, November 19th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, March 6th will be given a dividend of GBX 0.60 ($0.01) per share on Thursday, April 10th. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, March 6th. The official announcement can be seen at this link.

Trifast Price Performance

Shares of Trifast stock traded up GBX 1.50 ($0.02) during mid-day trading on Tuesday, reaching GBX 79.50 ($1.01). 222,233 shares of the stock were exchanged, compared to its average volume of 155,226. Trifast has a fifty-two week low of GBX 66.05 ($0.84) and a fifty-two week high of GBX 97.62 ($1.24). The company has a market cap of £107.12 million, a price-to-earnings ratio of -2,650.00 and a beta of 1.16. The firm has a 50-day simple moving average of GBX 79.33 and a 200 day simple moving average of GBX 76.54. The company has a current ratio of 3.45, a quick ratio of 1.78 and a debt-to-equity ratio of 48.54.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "hold" rating on shares of Trifast in a report on Monday, July 29th.

About Trifast

Trifast plc, together with its subsidiaries, engages in the design, engineering, manufacture, and distribution of industrial fasteners and category C components in the United Kingdom, Europe, North America, and Asia. It also offers screws and bolts, nuts, washers, circlips, seals, rings, plastic and enclosure hardware, cable glands, security fasteners, spacers and pillars, tooling and driver bits, and other hardware products, as well as fasteners for sheet metal and plastic.