Norcros plc Plans Dividend of GBX 3.50 (LON:NXR)

Norcros plc (LON:NXR) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 3.50 ($0.04) per share on Tuesday, January 14th. This represents a yield of 1.41%. The ex-dividend date is Thursday, November 28th. The official announcement can be accessed at this link.

Norcros Stock Up 0.2 %

Shares of LON:NXR opened at GBX 248.48 ($3.14) on Thursday. Norcros has a 1 year low of GBX 161 ($2.04) and a 1 year high of GBX 283 ($3.58). The company has a debt-to-equity ratio of 40.60, a current ratio of 2.02 and a quick ratio of 0.91. The business’s 50-day moving average is GBX 252.20 and its 200-day moving average is GBX 233.65. The company has a market capitalization of £222.36 million, a price-to-earnings ratio of 828.27 and a beta of 1.39.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Norcros in a report on Wednesday, July 24th.

About Norcros

Norcros plc, together with its subsidiaries, develops, manufactures, and markets bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand.