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

Key Points

• Travis Perkins shares gapped down from a previous close of $8.33 to open at $8.09, with the latest trading price at $8.06.
• The company declared a dividend of $0.061 per share, with an impressive dividend yield of 226.0%, to be paid on November 14th.
• Travis Perkins operates in the UK distribution of building materials, offering a range of products including tools, pipeline products, and managed services.

Travis Perkins PLC (OTCMKTS:TPRKY - )'s stock price gapped down prior to trading on Monday . The stock had previously closed at $8.33, but opened at $8.09. Travis Perkins shares last traded at $8.06, with a volume of 1,392 shares changing hands.

Travis Perkins Price Performance

The company has a quick ratio of 0.94, a current ratio of 1.49 and a debt-to-equity ratio of 0.15. The firm's 50-day moving average is $8.08 and its two-hundred day moving average is $7.94.

Travis Perkins Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, November 14th. Stockholders of record on Monday, October 6th will be issued a $0.061 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a dividend yield of 226.0%.

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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