Bodycote plc (LON:BOY) Raises Dividend to GBX 16.10 Per Share

Bodycote plc (LON:BOY - Get Free Report) declared a dividend on Friday, March 14th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 16.10 ($0.21) per share on Thursday, June 5th. This represents a dividend yield of 2.8%. The ex-dividend date is Thursday, April 24th. This is a 133.3% increase from Bodycote's previous dividend of $6.90. The official announcement can be seen at this link.

Bodycote Trading Down 0.2 %

Shares of BOY traded down GBX 0.80 ($0.01) during trading hours on Friday, reaching GBX 460.80 ($6.14). The stock had a trading volume of 311,207 shares, compared to its average volume of 690,828. The company has a market cap of £825.20 million, a P/E ratio of 13.87, a P/E/G ratio of 1.44 and a beta of 1.18. Bodycote has a 52 week low of GBX 449.40 ($5.98) and a 52 week high of GBX 774 ($10.31). The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 20.84. The firm has a 50-day moving average of GBX 563.06 and a 200 day moving average of GBX 595.81.

Bodycote (LON:BOY - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported GBX 48.60 ($0.65) earnings per share (EPS) for the quarter. Bodycote had a return on equity of 8.14% and a net margin of 8.01%. On average, sell-side analysts expect that Bodycote will post 54.0540541 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 800 ($10.65) price target on shares of Bodycote in a research note on Monday, March 24th.

About Bodycote

The leading provider of heat treatment and specialist thermal processing services worldwide. Heat treatment encompasses a variety of techniques and specialist engineering processes which improve the properties of metals and alloys and extend the life of components and is a vital part of any manufacturing process. Bodycote is uniquely placed via our global network and the experience and knowledge of our people to offer high quality, reliable and cost-effective services to manufacturers whatever their size or market sector.