Renew Holdings plc (LON:RNWH) to Issue Dividend of GBX 12.67

Renew Holdings plc (LON:RNWH) announced a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, February 6th will be paid a dividend of GBX 12.67 ($0.16) per share on Friday, March 14th. This represents a dividend yield of 1.17%. The ex-dividend date is Thursday, February 6th. This is a positive change from Renew’s previous dividend of $6.33. The official announcement can be accessed at this link.

Renew Price Performance

Shares of LON RNWH opened at GBX 1,047.60 ($13.17) on Wednesday. The firm has a market cap of £829.07 million, a P/E ratio of 1,677.42 and a beta of 1.06. The business’s 50 day moving average is GBX 1,088.36 and its 200-day moving average is GBX 1,076.19. The company has a current ratio of 0.95, a quick ratio of 0.81 and a debt-to-equity ratio of 10.41. Renew has a 1-year low of GBX 787 ($9.89) and a 1-year high of GBX 1,296 ($16.29).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Renew in a research report on Friday, October 4th.

About Renew

Renew Holdings plc operates as a contractor in the field of engineering services and specialist building in the United Kingdom. The company engages in the provision of services to the rail, telecoms, water, highways, and energy networks. It offers operational support and asset care; critical planned and reactive maintenance and renewals; civil, mechanical, and electrical engineering services; geotechnical and earthworks; plant, power, and signaling renewals; 24/7 emergency services; asset renewal and refurbishment; tunnel and shaft refurbishment, fencing, and devegetation; and in-house design services, as well as wireless telecoms installations; critical planned and reactive maintenance and renewals; acquisition, planning and design services; 3G, 4G, 5G, and Wi-Fi technologies; temporary sites and special events; and maintenance and decommissioning services.