Hargreaves Services Plc (LON:HSP) Announces Dividend Increase – GBX 18.50 Per Share

Hargreaves Services Plc (LON:HSP) declared a dividend on Wednesday, January 29th, DividendData.Co.Uk reports. Shareholders 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 accessed at this link.

Hargreaves Services Stock Up 2.2 %

Shares of HSP stock traded up GBX 14.50 ($0.19) on Tuesday, reaching GBX 664.50 ($8.63). 58,363 shares of the stock were exchanged, compared to its average volume of 39,754. The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 17.75. The business’s 50 day moving average price is GBX 636.62 and its 200 day moving average price is GBX 590.87. The company has a market capitalization of £224.31 million, a price-to-earnings ratio of 18.20 and a beta of 0.85. Hargreaves Services has a twelve month low of GBX 470 ($6.10) and a twelve month high of GBX 720 ($9.35).

Hargreaves Services (LON:HSP) last released its quarterly earnings data on Wednesday, January 29th. The company reported GBX 12.23 ($0.16) earnings per share (EPS) for the quarter. Hargreaves Services had a net margin of 5.81% and a return on equity of 6.30%. As a group, sell-side analysts expect 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).