Norcros plc (LON:NXR) Increases Dividend to GBX 6.90 Per Share

Norcros plc (LON:NXRGet Rating) declared a dividend on Thursday, June 9th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 23rd will be given a dividend of GBX 6.90 ($0.08) per share on Friday, July 29th. This represents a dividend yield of 2.76%. The ex-dividend date is Thursday, June 23rd. This is a positive change from Norcros’s previous dividend of $3.10. The official announcement can be accessed at this link.

NXR opened at GBX 241.97 ($2.96) on Wednesday. The firm has a 50-day simple moving average of GBX 240.81 and a two-hundred day simple moving average of GBX 272.47. Norcros has a 52 week low of GBX 211 ($2.58) and a 52 week high of GBX 351.32 ($4.30). The company has a market capitalization of £215.72 million and a PE ratio of 7.79. The company has a quick ratio of 0.89, a current ratio of 1.81 and a debt-to-equity ratio of 21.37.

Separately, Shore Capital reaffirmed a “buy” rating on shares of Norcros in a report on Monday.

Norcros Company Profile (Get Rating)

Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric, and mixer showers and accessories under the Triton brand name; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, high end brassware, and valves under the Vado brand name; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand name.

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Dividend History for Norcros (LON:NXR)

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