Eurocell plc (LON:ECEL) Raises Dividend to GBX 3.90 Per Share

Eurocell plc (LON:ECEL) announced a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid 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 seen at this link.

Eurocell Price Performance

Eurocell stock opened at GBX 168 ($2.18) on Friday. The stock has a market capitalization of £170.98 million, a price-to-earnings ratio of 14.79 and a beta of 0.84. Eurocell has a 52-week low of GBX 115 ($1.49) and a 52-week high of GBX 191 ($2.48). The stock’s 50 day moving average price is GBX 149.04 and its two-hundred day moving average price is GBX 165.43. 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 (LON:ECEL) 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 return on equity of 11.31% and a net margin of 3.51%. On average, equities analysts predict that Eurocell will post 19.470852 earnings per share for the current year.

Insider Activity at Eurocell

In other Eurocell news, insider Alison Littley acquired 1,804 shares of Eurocell stock in a transaction on Monday, February 10th. The stock was purchased at an average price of GBX 145 ($1.88) per share, for a total transaction of £2,615.80 ($3,391.86). 2.13% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 300 ($3.89) target price on shares of Eurocell in a research report on Thursday.

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.