Cairn Homes plc (LON:CRN – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 178 ($2.32) and last traded at GBX 175.40 ($2.29), with a volume of 207800 shares. The stock had previously closed at GBX 175.60 ($2.29).
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 175 ($2.29) price target on shares of Cairn Homes in a research report on Thursday, September 5th.
Read Our Latest Stock Analysis on Cairn Homes
Cairn Homes Trading Down 0.1 %
Cairn Homes Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, September 12th were paid a €0.04 ($0.04) dividend. This is an increase from Cairn Homes’s previous dividend of $0.03. The ex-dividend date was Thursday, September 12th. This represents a yield of 1.95%. Cairn Homes’s dividend payout ratio is presently 4,285.71%.
Cairn Homes Company Profile
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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