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

Norcros plc (LON:NXR) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 28th will be given 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 of this dividend is Thursday, November 28th. The official announcement can be accessed at this link.

Norcros Stock Performance

LON NXR opened at GBX 247.90 ($3.12) on Friday. The stock has a market cap of £221.85 million, a PE ratio of 823.33 and a beta of 1.39. The company has a debt-to-equity ratio of 40.60, a quick ratio of 0.91 and a current ratio of 2.02. The firm has a 50-day moving average of GBX 252.20 and a 200-day moving average of GBX 233.65. Norcros has a 52-week low of GBX 161 ($2.03) and a 52-week high of GBX 283 ($3.56).

Wall Street Analysts Forecast Growth

NXR has been the subject of several research reports. Berenberg Bank reissued a “buy” rating and set a GBX 325 ($4.09) price target on shares of Norcros in a report on Thursday. Shore Capital reissued a “buy” rating on shares of Norcros in a report on Thursday.

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.