Crest Nicholson Holdings plc (LON:CRST) Increases Dividend to GBX 1.20 Per Share

Crest Nicholson Holdings plc (LON:CRST) announced a dividend on Tuesday, February 4th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 1.20 ($0.02) per share on Friday, April 25th. This represents a yield of 0.78%. The ex-dividend date is Thursday, March 27th. This is a 20.0% increase from Crest Nicholson’s previous dividend of $1.00. The official announcement can be seen at this link.

Crest Nicholson Trading Up 5.7 %

CRST stock traded up GBX 9.39 ($0.12) during mid-day trading on Tuesday, reaching GBX 175.09 ($2.26). The company had a trading volume of 949,561 shares, compared to its average volume of 1,939,891. The firm has a 50 day moving average of GBX 164.23 and a 200 day moving average of GBX 170.86. The company has a debt-to-equity ratio of 12.94, a current ratio of 3.27 and a quick ratio of 0.72. Crest Nicholson has a 12 month low of GBX 143.50 ($1.85) and a 12 month high of GBX 272.40 ($3.52). The company has a market capitalization of £449.07 million, a PE ratio of -16.86, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST) last released its quarterly earnings data on Tuesday, February 4th. The company reported GBX 5.60 ($0.07) EPS for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. On average, equities analysts predict that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider William Floydd bought 11,024 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average price of GBX 157 ($2.03) per share, for a total transaction of £17,307.68 ($22,364.23). 9.46% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised shares of Crest Nicholson to a “neutral” rating and upped their price objective for the stock from GBX 180 ($2.33) to GBX 190 ($2.46) in a research note on Thursday, December 5th.

About Crest Nicholson

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.