Speedy Hire Plc (LON:SDY) Raises Dividend to GBX 1.80 Per Share

Speedy Hire Plc (LON:SDY) declared a dividend on Wednesday, June 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 8th will be paid a dividend of GBX 1.80 ($0.02) per share on Friday, September 20th. This represents a yield of 5.85%. The ex-dividend date of this dividend is Thursday, August 8th. This is a positive change from Speedy Hire’s previous dividend of $0.80. The official announcement can be accessed at this link.

Speedy Hire Price Performance

Shares of LON:SDY opened at GBX 38.80 ($0.50) on Wednesday. The firm has a market capitalization of £179.19 million, a PE ratio of -3,880.00, a PEG ratio of 0.21 and a beta of 1.25. The company has a current ratio of 1.07, a quick ratio of 0.90 and a debt-to-equity ratio of 97.86. Speedy Hire has a 1-year low of GBX 22.50 ($0.29) and a 1-year high of GBX 41 ($0.52). The business’s 50 day moving average is GBX 34.35 and its 200-day moving average is GBX 29.69.

Insider Buying and Selling

In other Speedy Hire news, insider Paul A. Rayner acquired 35,000 shares of the company’s stock in a transaction dated Thursday, June 20th. The stock was bought at an average price of GBX 33 ($0.42) per share, for a total transaction of £11,550 ($14,760.38). In other Speedy Hire news, insider Paul A. Rayner purchased 35,000 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was purchased at an average price of GBX 33 ($0.42) per share, for a total transaction of £11,550 ($14,760.38). Also, insider David J. B. Shearer acquired 80,000 shares of the stock in a transaction dated Monday, August 5th. The stock was bought at an average price of GBX 38 ($0.49) per share, for a total transaction of £30,400 ($38,849.84). 5.16% of the stock is owned by company insiders.

About Speedy Hire

Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland. The company hires a range of tools and accessories, including access, lighting, lifting, rail, survey and safety, ATEX, plant, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.