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RHI Magnesita (LON:RHIM) Announces Dividend of €1.20

RHI Magnesita logo with Industrials background

RHI Magnesita (LON:RHIM - Get Free Report) declared a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 22nd will be given a dividend of €1.20 ($1.36) per share on Thursday, June 12th. This represents a yield of 3%. The ex-dividend date is Thursday, May 22nd. This is a 100.0% increase from RHI Magnesita's previous dividend of $0.60. The official announcement can be viewed at this link.

RHI Magnesita Stock Down 2.3%

RHIM traded down GBX 65 ($0.88) during trading hours on Friday, reaching GBX 2,805 ($37.97). 16,024 shares of the stock traded hands, compared to its average volume of 55,488. The firm's fifty day simple moving average is GBX 3,059.57 and its two-hundred day simple moving average is GBX 3,248.89. The company has a market cap of £1.59 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 2.03 and a beta of 1.53. RHI Magnesita has a fifty-two week low of GBX 2,425 ($32.83) and a fifty-two week high of GBX 3,885 ($52.59). The company has a debt-to-equity ratio of 152.96, a current ratio of 1.91 and a quick ratio of 0.93.

Insider Activity

In other RHI Magnesita news, insider Stefan Borgas sold 3,740 shares of the business's stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of GBX 2,985 ($40.41), for a total transaction of £111,639 ($151,129.01). In the last three months, insiders sold 18,802 shares of company stock valued at $58,937,810. Company insiders own 42.23% of the company's stock.

RHI Magnesita Company Profile

(Get Free Report)

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.

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Dividend History for RHI Magnesita (LON:RHIM)

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