The Weir Group PLC (OTCMKTS:WEGRY - Get Free Report) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 22nd will be given a dividend of 0.1394 per share on Wednesday, June 4th. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a 46.8% increase from The Weir Group's previous dividend of $0.10.
The Weir Group Stock Up 4.2 %
OTCMKTS WEGRY traded up $0.62 during trading hours on Friday, hitting $15.39. The company's stock had a trading volume of 6,735 shares, compared to its average volume of 9,176. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.07 and a quick ratio of 1.39. The company's 50-day simple moving average is $14.80 and its two-hundred day simple moving average is $14.31. The Weir Group has a 52 week low of $11.80 and a 52 week high of $16.21.
Analyst Ratings Changes
Separately, BNP Paribas cut The Weir Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 6th.
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About The Weir Group
(
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The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.
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