Dowlais Group plc (LON:DWL - Get Free Report) declared a dividend on Wednesday, March 5th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 17th will be given a dividend of GBX 2.80 ($0.04) per share on Thursday, May 29th. This represents a dividend yield of 4.27%. The ex-dividend date is Thursday, April 17th. This is a 100.0% increase from Dowlais Group's previous dividend of $1.40. The official announcement can be accessed at this link.
Dowlais Group Stock Down 6.0 %
Shares of LON DWL traded down GBX 3.30 ($0.04) during trading hours on Friday, hitting GBX 51.40 ($0.68). The company had a trading volume of 2,228,753 shares, compared to its average volume of 10,734,587. The firm's 50 day moving average is GBX 63.21 and its 200-day moving average is GBX 61.35. Dowlais Group has a 1-year low of GBX 46.98 ($0.62) and a 1-year high of GBX 84.70 ($1.13). The stock has a market capitalization of £695.09 million and a P/E ratio of -1.35.
Dowlais Group (LON:DWL - Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The company reported GBX 11.40 ($0.15) EPS for the quarter. Dowlais Group had a negative net margin of 11.24% and a negative return on equity of 21.02%. On average, sell-side analysts predict that Dowlais Group will post 13.5660848 earnings per share for the current year.
Insider Activity at Dowlais Group
In other Dowlais Group news, insider Liam Butterworth acquired 86,532 shares of the business's stock in a transaction on Monday, March 10th. The shares were acquired at an average price of GBX 67 ($0.89) per share, with a total value of £57,976.44 ($77,086.08). 1.78% of the stock is owned by corporate insiders.
About Dowlais Group
(
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Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.
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