Eurocell plc (LON:ECEL) Raises Dividend to GBX 3.90 Per Share

Eurocell plc (LON:ECEL) declared a dividend on Thursday, March 20th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 3.90 ($0.05) per share on Friday, May 23rd. This represents a dividend yield of 2.52%. The ex-dividend date is Thursday, April 24th. This is a 77.3% increase from Eurocell’s previous dividend of $2.20. The official announcement can be seen at this link.

Eurocell Stock Performance

Shares of Eurocell stock opened at GBX 168 ($2.18) on Friday. The firm’s fifty day simple moving average is GBX 149.04 and its 200-day simple moving average is GBX 165.43. The stock has a market capitalization of £170.98 million, a price-to-earnings ratio of 14.79 and a beta of 0.84. Eurocell has a 12 month low of GBX 115 ($1.49) and a 12 month high of GBX 191 ($2.48). The company has a debt-to-equity ratio of 58.43, a current ratio of 1.58 and a quick ratio of 0.87.

Eurocell (LON:ECEL) last announced its earnings results on Thursday, March 20th. The company reported GBX 14.40 ($0.19) EPS for the quarter. Eurocell had a net margin of 3.51% and a return on equity of 11.31%. As a group, equities analysts forecast that Eurocell will post 19.470852 earnings per share for the current year.

Insider Buying and Selling at Eurocell

In related news, insider Alison Littley purchased 1,804 shares of the stock in a transaction dated Monday, February 10th. The shares were acquired at an average cost of GBX 145 ($1.88) per share, with a total value of £2,615.80 ($3,391.86). 2.13% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 300 ($3.89) price objective on shares of Eurocell in a research note on Thursday.

About Eurocell

Eurocell plc engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland. The company operates through Profiles and Building Plastics segments. It also offers fascia and capping boards, finishing trims, soffit boards, ventilators, and accessories; decking, fencing, and balustrade.