Cairn Homes plc (LON:CRN – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 178 ($2.31) and last traded at GBX 175.40 ($2.28), with a volume of 207800 shares. The stock had previously closed at GBX 175.60 ($2.28).
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 175 ($2.27) target price on shares of Cairn Homes in a research report on Thursday, September 5th.
Check Out Our Latest Analysis on CRN
Cairn Homes Price Performance
Cairn Homes Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, October 4th. Stockholders of record on Thursday, September 12th were paid a dividend of €0.04 ($0.04) per share. This is a boost from Cairn Homes’s previous dividend of $0.03. The ex-dividend date was Thursday, September 12th. This represents a dividend yield of 1.95%. Cairn Homes’s dividend payout ratio is currently 4,285.71%.
About Cairn Homes
Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company engages in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.
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