Coats Group plc (LON:COA - Get Free Report) declared a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 1st will be paid a dividend of $0.02 per share on Thursday, May 29th. This represents a yield of 2.01%. The ex-dividend date is Thursday, May 1st. This is a 135.5% increase from Coats Group's previous dividend of $0.0093. The official announcement can be seen at this link.
Coats Group Stock Performance
Shares of LON COA traded down GBX 2.40 ($0.03) during midday trading on Thursday, hitting GBX 70 ($0.93). The company's stock had a trading volume of 1,641,413 shares, compared to its average volume of 5,695,154. The stock has a fifty day moving average price of GBX 78.12 and a 200 day moving average price of GBX 88.43. The firm has a market capitalization of £1.41 billion, a price-to-earnings ratio of 23.53, a P/E/G ratio of 0.92 and a beta of 1.40. Coats Group has a one year low of GBX 64.80 ($0.86) and a one year high of GBX 104.20 ($1.38). The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 103.51.
Insider Transactions at Coats Group
In other Coats Group news, insider Sarah Highfield bought 59,227 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were acquired at an average cost of GBX 83 ($1.10) per share, for a total transaction of £49,158.41 ($65,309.43). Also, insider David Gosnell purchased 148,600 shares of the stock in a transaction on Friday, April 4th. The stock was acquired at an average cost of GBX 68 ($0.90) per share, for a total transaction of £101,048 ($134,247.38). Over the last ninety days, insiders have bought 357,827 shares of company stock valued at $27,470,641. 1.65% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Separately, Berenberg Bank restated a "buy" rating and set a GBX 135 ($1.79) target price on shares of Coats Group in a research report on Thursday, March 6th.
View Our Latest Research Report on COA
Coats Group Company Profile
(
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Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.
Further Reading
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