Renold plc (RNO) To Go Ex-Dividend on August 8th

Renold plc (LON:RNO) declared a dividend on Wednesday, July 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 8th will be paid a dividend of GBX 0.50 ($0.01) per share on Tuesday, September 17th. This represents a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, August 8th. The official announcement can be accessed at this link.

Renold Trading Up 3.0 %

Shares of RNO stock opened at GBX 54.60 ($0.70) on Tuesday. The business’s 50 day moving average is GBX 59.08 and its two-hundred day moving average is GBX 49.16. Renold has a twelve month low of GBX 26.50 ($0.34) and a twelve month high of GBX 66.33 ($0.85). The company has a market capitalization of £114.20 million, a P/E ratio of 780.00, a price-to-earnings-growth ratio of 0.10 and a beta of 0.79. The company has a current ratio of 1.68, a quick ratio of 0.80 and a debt-to-equity ratio of 115.14.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “not rated” rating on shares of Renold in a research note on Wednesday, July 17th.

About Renold

Renold plc engages manufacturing and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally. The company operates through two segments, Chain and Torque Transmission. It offers inverted tooth chain; and transmission chain including general transmission, low maintenance, abrasion and corrosion resistant, and drive chain, as well as klik-top polymer block chain and standard attachment chain.