CRH plc (NYSE:CRH) Raises Dividend to $0.37 Per Share

CRH plc (NYSE:CRH) declared a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.37 per share by the construction company on Wednesday, April 16th. The ex-dividend date is Friday, March 14th. This is a positive change from CRH’s previous dividend of $0.23.

CRH Trading Down 0.6 %

NYSE CRH opened at $101.68 on Friday. The business has a fifty day simple moving average of $98.42 and a 200 day simple moving average of $95.12. CRH has a 12 month low of $71.18 and a 12 month high of $110.97. The firm has a market capitalization of $69.06 billion, a P/E ratio of 20.34, a PEG ratio of 1.15 and a beta of 1.30.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CRH shares. HSBC began coverage on shares of CRH in a report on Monday, November 11th. They issued a “buy” rating and a $116.00 target price for the company. JPMorgan Chase & Co. increased their price objective on shares of CRH from $114.00 to $116.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com upgraded CRH from a “hold” rating to a “buy” rating in a research note on Thursday. Morgan Stanley upped their target price on CRH from $95.00 to $104.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Finally, Citigroup dropped their price target on CRH from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, January 6th. One research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $107.75.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.