CRH plc (NYSE:CRH) Declares $0.26 Variable Dividend

CRH plc (NYSE:CRH) declared a Variable dividend on Thursday, November 7th,Zacks Dividends reports. Stockholders of record on Friday, November 22nd will be given a dividend of 0.262 per share by the construction company on Wednesday, December 18th. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 22nd.

CRH Stock Performance

CRH opened at $99.79 on Wednesday. The stock has a market capitalization of $67.78 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 1.44 and a beta of 1.29. The company has a fifty day moving average of $93.36 and a 200 day moving average of $85.25. CRH has a fifty-two week low of $58.57 and a fifty-two week high of $102.51.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CRH. Morgan Stanley raised their price objective on CRH from $95.00 to $104.00 and gave the company an “overweight” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. raised their price target on CRH from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Wednesday. Truist Financial upped their price objective on CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, November 8th. DA Davidson raised their target price on shares of CRH from $110.00 to $120.00 and gave the company a “buy” rating in a report on Monday, November 11th. Finally, Barclays initiated coverage on shares of CRH in a research note on Tuesday, October 29th. They set an “overweight” rating and a $110.00 price target on the stock. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, CRH currently has an average rating of “Buy” and an average price target of $106.42.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.