Speedy Hire Plc (LON:SDY) Declares GBX 0.80 Dividend

Speedy Hire Plc (LON:SDY) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 5th will be given a dividend of GBX 0.80 ($0.01) per share on Friday, January 17th. This represents a yield of 2.76%. The ex-dividend date is Thursday, December 5th. The official announcement can be viewed at this link.

Speedy Hire Trading Up 1.4 %

SDY opened at GBX 28.20 ($0.35) on Friday. The firm’s fifty day moving average is GBX 34.37 and its two-hundred day moving average is GBX 34.24. The company has a debt-to-equity ratio of 115.48, a quick ratio of 0.90 and a current ratio of 0.94. The firm has a market cap of £130.24 million, a PE ratio of 2,820.00, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25. Speedy Hire has a twelve month low of GBX 22.50 ($0.28) and a twelve month high of GBX 41 ($0.51).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 70 ($0.88) price objective on shares of Speedy Hire in a report on Thursday.

Insider Buying and Selling

In related news, insider Paul A. Rayner acquired 65,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were acquired at an average cost of GBX 28 ($0.35) per share, for a total transaction of £18,200 ($22,815.59). 5.33% of the stock is currently owned by company insiders.

About Speedy Hire

Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland. The company hires a range of tools and accessories, including access, lighting, lifting, rail, survey and safety, ATEX, plant, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.