Ashtead Group plc (OTCMKTS:ASHTY) Plans Dividend of $1.44

Ashtead Group plc (OTCMKTS:ASHTY) announced a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Friday, January 10th will be paid a dividend of 1.44 per share on Monday, February 24th. The ex-dividend date of this dividend is Friday, January 10th.

Ashtead Group Stock Performance

OTCMKTS:ASHTY traded down $7.76 during trading on Thursday, reaching $254.50. The company’s stock had a trading volume of 95,312 shares, compared to its average volume of 15,436. Ashtead Group has a 12 month low of $241.94 and a 12 month high of $337.95. The firm has a market cap of $27.82 billion, a price-to-earnings ratio of 18.04, a price-to-earnings-growth ratio of 1.72 and a beta of 1.64. The firm has a 50 day moving average of $309.84 and a 200-day moving average of $291.97. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.08 and a current ratio of 1.17.

Analyst Ratings Changes

ASHTY has been the topic of a number of research analyst reports. Royal Bank of Canada upgraded Ashtead Group from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 3rd. The Goldman Sachs Group cut shares of Ashtead Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Finally, Berenberg Bank upgraded shares of Ashtead Group to a “strong-buy” rating in a research note on Thursday, September 19th.

About Ashtead Group

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.