Spirax-Sarco Engineering plc (LON:SPX) declared a dividend on Wednesday, August 9th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 12th will be given a dividend of GBX 25.50 ($0.33) per share on Friday, November 10th. This represents a yield of 0.44%. The ex-dividend date of this dividend is Thursday, October 12th. The official announcement can be accessed at this link.
Spirax-Sarco Engineering plc (LON:SPX) traded down 0.97% during midday trading on Friday, hitting GBX 5610.00. The stock had a trading volume of 99,558 shares. The company has a 50-day moving average price of GBX 5,550.54 and a 200-day moving average price of GBX 5,130.99. Spirax-Sarco Engineering plc has a 52 week low of GBX 4,076.00 and a 52 week high of GBX 5,875.00. The stock’s market cap is GBX 4.12 billion.
In related news, insider Kevin Boyd bought 1,000 shares of the business’s stock in a transaction on Monday, June 12th. The stock was acquired at an average price of GBX 5,401 ($70.12) per share, for a total transaction of £54,010 ($70,115.54).
Several research analysts have recently weighed in on SPX shares. Peel Hunt reiterated an “add” rating on shares of Spirax-Sarco Engineering plc in a research note on Tuesday, May 9th. Liberum Capital reiterated a “hold” rating on shares of Spirax-Sarco Engineering plc in a research note on Friday, May 26th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, May 10th. Deutsche Bank AG reiterated a “buy” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, May 3rd. Finally, Investec reiterated a “not rated” rating on shares of Spirax-Sarco Engineering plc in a research note on Wednesday, August 9th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold”.
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Spirax-Sarco Engineering plc Company Profile
Spirax-Sarco Engineering plc is a United Kingdom-based industrial engineering company. The Company’s segments include Europe, Middle East & Africa; Asia Pacific; Americas; Steam specialties business, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The Company’s businesses include Spirax Sarco and Watson-Marlow.
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