Travis Perkins (OTCMKTS:TPRKY) Shares Down 2% - Here's What Happened

Key Points

• Travis Perkins PLC's shares fell 2% during trading, reaching a low of $8.47 before closing at $8.52.
• The company has announced a dividend of $0.061 per share, with a yield of 226.0%, to be paid on November 14th.
• Travis Perkins, which operates in the distribution of building material products in the UK, reported a significant drop in trading volume, with 897 shares traded—down 49% from its average daily volume.

Travis Perkins PLC (OTCMKTS:TPRKY - )'s share price dropped 2% during trading on Monday . The company traded as low as $8.47 and last traded at $8.52. Approximately 897 shares traded hands during trading, a decline of 49% from the average daily volume of 1,745 shares. The stock had previously closed at $8.70.

Travis Perkins Price Performance

The firm has a 50-day moving average of $7.91 and a two-hundred day moving average of $7.86. The company has a current ratio of 1.49, a quick ratio of 0.94 and a debt-to-equity ratio of 0.15.

Travis Perkins Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, November 14th. Investors of record on Monday, October 6th will be given a dividend of $0.061 per share. This represents a yield of 226.0%. The ex-dividend date is Friday, October 3rd.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.

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