Gooch & Housego PLC (LON:GHH) Raises Dividend to GBX 8.30 Per Share

Gooch & Housego PLC (LON:GHH) announced a dividend on Tuesday, December 3rd,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 23rd will be paid a dividend of GBX 8.30 ($0.11) per share on Friday, February 28th. This represents a yield of 1.81%. The ex-dividend date of this dividend is Thursday, January 23rd. This is a boost from Gooch & Housego’s previous dividend of $4.90. The official announcement can be seen at this link.

Gooch & Housego Trading Down 2.9 %

Shares of GHH stock opened at GBX 470.20 ($5.96) on Wednesday. The firm has a market cap of £117.74 million, a P/E ratio of 9,559.20 and a beta of 0.96. Gooch & Housego has a 1-year low of GBX 380 ($4.82) and a 1-year high of GBX 685.66 ($8.69). The company has a debt-to-equity ratio of 32.88, a current ratio of 3.66 and a quick ratio of 1.66. The firm’s 50-day simple moving average is GBX 437.53 and its 200-day simple moving average is GBX 471.76.

Insider Activity at Gooch & Housego

In other Gooch & Housego news, insider Gary Bullard purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The shares were purchased at an average price of GBX 422 ($5.35) per share, for a total transaction of £21,100 ($26,735.94). 24.11% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft cut their price target on shares of Gooch & Housego from GBX 675 ($8.55) to GBX 635 ($8.05) and set a “buy” rating on the stock in a report on Friday, August 30th.

About Gooch & Housego

Gooch & Housego PLC engages in the manufacture and sale of acousto-optics, electro-optics, fiber optics, and precision optics and systems in the United Kingdom, North America, Europe, the Asia Pacific, and internationally. It offers acousto-optic products, such as acoustic-optic modulators, deflectors, frequency shifters, mode lockers, pulse pickers, Q-switches, tunable filters, and RF drivers; crystal optics, including crystals and nonlinear optics, lithium niobate wafers, and periodically-poled lithium niobite; and electro-optics, such as pockels cells, lithium niobate Q-switches, and pockels cell drivers.