Keller Group plc (LON:KLR) Raises Dividend to GBX 33.10 Per Share

Keller Group plc (LON:KLR - Get Free Report) declared a dividend on Tuesday, March 4th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 22nd will be given a dividend of GBX 33.10 ($0.45) per share on Friday, June 20th. This represents a dividend yield of 2.4%. The ex-dividend date is Thursday, May 22nd. This is a 99.4% increase from Keller Group's previous dividend of $16.60. The official announcement can be seen at this link.

Keller Group Trading Down 0.1%

Shares of KLR traded down GBX 2 ($0.03) during mid-day trading on Friday, hitting GBX 1,572 ($21.28). 392,705 shares of the company's stock traded hands, compared to its average volume of 377,631. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61. Keller Group has a 1 year low of GBX 1,190 ($16.11) and a 1 year high of GBX 1,704 ($23.07). The firm has a market capitalization of £1.15 billion, a P/E ratio of 9.10, a PEG ratio of 2.86 and a beta of 1.34. The business's 50-day moving average price is GBX 1,424.99 and its 200-day moving average price is GBX 1,424.81.

Keller Group (LON:KLR - Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 204 ($2.76) earnings per share for the quarter. Keller Group had a return on equity of 23.55% and a net margin of 4.20%. As a group, sell-side analysts forecast that Keller Group will post 192.5925926 EPS for the current fiscal year.

Insider Activity

In other Keller Group news, insider David Burke sold 33,773 shares of Keller Group stock in a transaction on Monday, March 17th. The shares were sold at an average price of GBX 1,408 ($19.06), for a total transaction of £475,523.84 ($643,730.66). Also, insider Kerry Porritt sold 13,756 shares of the business's stock in a transaction on Monday, April 14th. The shares were sold at an average price of GBX 1,396 ($18.90), for a total transaction of £192,033.76 ($259,961.77). Insiders own 4.19% of the company's stock.

Keller Group announced that its board has approved a stock repurchase plan on Monday, March 31st that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

About Keller Group

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services.