Hill & Smith PLC (LON:HILS) Increases Dividend to GBX 32.50 Per Share

Hill & Smith PLC (LON:HILS - Get Free Report) declared a dividend on Wednesday, March 12th, DividendData.Co.Uk reports. Investors of record on Thursday, May 29th will be given a dividend of GBX 32.50 ($0.44) per share on Friday, July 4th. This represents a yield of 1.7%. The ex-dividend date is Thursday, May 29th. This is a 97.0% increase from Hill & Smith's previous dividend of $16.50. The official announcement can be accessed at this link.

Hill & Smith Price Performance

LON:HILS remained flat at GBX 1,852 ($24.92) during trading hours on Friday. 189,280 shares of the company's stock were exchanged, compared to its average volume of 334,190. The stock has a market cap of £1.49 billion, a price-to-earnings ratio of 19.47 and a beta of 1.31. The company's 50-day moving average is GBX 1,771.79 and its 200 day moving average is GBX 1,888.36. Hill & Smith has a 12 month low of GBX 1,463.97 ($19.70) and a 12 month high of GBX 2,330 ($31.35). The company has a current ratio of 2.20, a quick ratio of 0.92 and a debt-to-equity ratio of 34.30.

Hill & Smith (LON:HILS - Get Free Report) last issued its earnings results on Wednesday, March 12th. The company reported GBX 122.60 ($1.65) earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. On average, analysts predict that Hill & Smith will post 129.1287386 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 2,500 ($33.64) price objective on shares of Hill & Smith in a research report on Monday, March 17th. Shore Capital lowered Hill & Smith to a "hold" rating in a research report on Thursday, May 22nd.

Insider Activity at Hill & Smith

In related news, insider Carol Chesney acquired 1,054 shares of the firm's stock in a transaction on Friday, March 14th. The stock was bought at an average cost of GBX 1,842 ($24.78) per share, with a total value of £19,414.68 ($26,123.09). Also, insider Alan Giddins bought 4,225 shares of the company's stock in a transaction dated Wednesday, March 12th. The stock was bought at an average cost of GBX 1,875 ($25.23) per share, with a total value of £79,218.75 ($106,591.43). Company insiders own 1.88% of the company's stock.

Hill & Smith Company Profile

Our purpose is to create sustainable infrastructure and safe transport through innovation. Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value. Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.