Flowtech Fluidpower plc to Issue Dividend of GBX 2.10 (LON:FLO)

Flowtech Fluidpower plc (LON:FLO) announced a dividend on Tuesday, March 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 20th will be given a dividend of GBX 2.10 ($0.03) per share on Friday, July 19th. This represents a yield of 2.77%. The ex-dividend date of this dividend is Thursday, June 20th. The official announcement can be seen at this link.

Flowtech Fluidpower Stock Performance

FLO opened at GBX 82.25 ($1.04) on Thursday. The company has a 50 day simple moving average of GBX 79.54 and a two-hundred day simple moving average of GBX 82.04. The company has a debt-to-equity ratio of 31.53, a current ratio of 2.70 and a quick ratio of 1.04. The firm has a market cap of £50.58 million, a P/E ratio of -676.67 and a beta of 1.07. Flowtech Fluidpower has a 1-year low of GBX 71.59 ($0.90) and a 1-year high of GBX 117 ($1.48).

Insider Buying and Selling

In other Flowtech Fluidpower news, insider Roger McDowell bought 32,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The stock was purchased at an average price of GBX 81 ($1.02) per share, for a total transaction of £25,920 ($32,756.22). 3.50% of the stock is currently owned by insiders.

Flowtech Fluidpower Company Profile

Flowtech Fluidpower plc, together with its subsidiaries, distributes engineering components and assemblies in the areas of fluid power industry in the United Kingdom, rest of Europe, internationally. The company operates through Flowtech, Fluidpower Group Solutions, and Fluidpower Group Service segments.