Grafton Group plc (LON:GFTU - Get Free Report) insider David Arnold purchased 2,867 shares of the company's stock in a transaction that occurred on Friday, April 11th. The stock was acquired at an average cost of GBX 835 ($10.93) per share, with a total value of £23,939.45 ($31,334.36).
Grafton Group Stock Up 0.0 %
Shares of LON GFTU opened at GBX 849.80 ($11.12) on Friday. Grafton Group plc has a 52-week low of GBX 790.90 ($10.35) and a 52-week high of GBX 1,097 ($14.36). The company has a debt-to-equity ratio of 37.66, a quick ratio of 1.56 and a current ratio of 2.21. The business has a fifty day moving average of GBX 868.34 and a two-hundred day moving average of GBX 935.26. The stock has a market cap of £1.67 billion, a PE ratio of 13.03, a PEG ratio of 1.58 and a beta of 1.60.
Grafton Group Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 17th will be issued a dividend of GBX 26.50 ($0.35) per share. This is an increase from Grafton Group's previous dividend of $10.50. This represents a yield of 3.02%. The ex-dividend date of this dividend is Thursday, April 17th. Grafton Group's dividend payout ratio (DPR) is currently 56.74%.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,100 ($14.40) price objective on shares of Grafton Group in a research note on Monday, March 10th.
Get Our Latest Research Report on GFTU
About Grafton Group
(
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Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.
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