CRH plc (NYSE:CRH) to Issue Dividend of $0.37

CRH plc (NYSE:CRH) announced a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.37 per share by the construction company on Wednesday, April 16th. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from CRH’s previous dividend of $0.23.

CRH Stock Down 0.6 %

CRH traded down $0.66 during mid-day trading on Thursday, reaching $101.68. 9,052,436 shares of the company traded hands, compared to its average volume of 4,420,369. The company’s fifty day moving average price is $98.25 and its 200-day moving average price is $95.07. The stock has a market capitalization of $69.06 billion, a P/E ratio of 20.34, a P/E/G ratio of 1.15 and a beta of 1.30. CRH has a 52-week low of $71.18 and a 52-week high of $110.97.

Analyst Upgrades and Downgrades

A number of analysts recently commented on CRH shares. HSBC initiated coverage on CRH in a research report on Monday, November 11th. They set a “buy” rating and a $116.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of CRH from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Citigroup reduced their target price on shares of CRH from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, January 6th. StockNews.com upgraded shares of CRH from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Hsbc Global Res upgraded CRH to a “strong-buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, CRH presently has a consensus rating of “Buy” and a consensus target price of $107.75.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.