Avingtrans plc (LON:AVG) Raises Dividend to GBX 2.90 Per Share

Avingtrans plc (LON:AVG) announced a dividend on Wednesday, September 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 7th will be given a dividend of GBX 2.90 ($0.04) per share on Friday, December 20th. This represents a yield of 0.69%. The ex-dividend date of this dividend is Thursday, November 7th. This is a boost from Avingtrans’s previous dividend of $1.80. The official announcement can be seen at this link.

Avingtrans Stock Down 1.7 %

Shares of LON AVG opened at GBX 405.50 ($5.26) on Tuesday. The firm’s fifty day moving average is GBX 406.29 and its 200 day moving average is GBX 396.32. Avingtrans has a 52 week low of GBX 330 ($4.28) and a 52 week high of GBX 444 ($5.76). The company has a market cap of £134.18 million, a price-to-earnings ratio of 3,793.18 and a beta of 0.52. The company has a quick ratio of 1.87, a current ratio of 1.82 and a debt-to-equity ratio of 21.20.

About Avingtrans

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.