Lords Group Trading plc (LON:LORD) Raises Dividend to GBX 1.33 Per Share

Lords Group Trading plc (LON:LORD - Get Free Report) announced a dividend on Wednesday, May 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 23rd will be given a dividend of GBX 1.33 ($0.02) per share on Friday, June 28th. This represents a yield of 2.74%. The ex-dividend date is Thursday, May 23rd. This is an increase from Lords Group Trading's previous dividend of $0.67. The official announcement can be viewed at this link.

Lords Group Trading Stock Down 2.1 %

Shares of LON LORD traded down GBX 1 ($0.01) during midday trading on Wednesday, hitting GBX 47.50 ($0.60). The stock had a trading volume of 164,798 shares, compared to its average volume of 76,236. The business's 50 day moving average is GBX 49.32 and its 200-day moving average is GBX 49.84. Lords Group Trading has a 52 week low of GBX 39.60 ($0.50) and a 52 week high of GBX 70 ($0.88). The company has a quick ratio of 0.77, a current ratio of 1.40 and a debt-to-equity ratio of 170.01. The company has a market cap of £78.66 million, a P/E ratio of 950.00 and a beta of 1.17.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 90 ($1.13) price objective on shares of Lords Group Trading in a research report on Wednesday.

About Lords Group Trading

Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers. The company operates in two divisions, Merchanting; and Plumbing and Heating. It also distributes heating and plumbing products to a network of independent merchants, installers, and general public.