Volution Group plc (LON:FAN) Plans GBX 3.40 Dividend

Volution Group plc (LON:FAN) announced a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 3.40 ($0.04) per share on Tuesday, May 6th. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, March 27th. The official announcement can be accessed at this link.

Volution Group Stock Up 0.5 %

Volution Group stock opened at GBX 562 ($7.26) on Tuesday. The company has a debt-to-equity ratio of 34.97, a quick ratio of 0.98 and a current ratio of 1.28. The stock has a market cap of £1.11 billion, a PE ratio of 25.87 and a beta of 1.36. Volution Group has a fifty-two week low of GBX 400 ($5.17) and a fifty-two week high of GBX 624 ($8.06). The firm’s 50-day simple moving average is GBX 533.13 and its 200 day simple moving average is GBX 555.66.

Volution Group (LON:FAN) last announced its earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. Research analysts predict that Volution Group will post 30.0441826 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 700 ($9.05) target price on shares of Volution Group in a research report on Thursday, March 13th.

About Volution Group

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.