Harworth Group plc (LON:HWG) to Issue Dividend Increase – GBX 1.13 Per Share

Harworth Group plc (LON:HWG) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 1.13 ($0.01) per share on Friday, May 23rd. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 130.1% increase from Harworth Group’s previous dividend of $0.49. The official announcement can be seen at this link.

Harworth Group Stock Down 1.6 %

Shares of LON:HWG opened at GBX 169.25 ($2.20) on Wednesday. The stock has a market cap of £557.20 million, a P/E ratio of 11.16 and a beta of 0.74. The firm has a fifty day moving average price of GBX 164.77 and a 200 day moving average price of GBX 171.49. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. Harworth Group has a 1-year low of GBX 125 ($1.63) and a 1-year high of GBX 195 ($2.54).

Harworth Group (LON:HWG) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 17.70 ($0.23) earnings per share for the quarter. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%. Sell-side analysts predict that Harworth Group will post 15.3212521 EPS for the current year.

Insider Buying and Selling

In other news, insider Lynda Shillaw acquired 17,291 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was bought at an average price of GBX 174 ($2.26) per share, for a total transaction of £30,086.34 ($39,113.81). Insiders acquired a total of 17,473 shares of company stock worth $3,038,573 in the last 90 days. Company insiders own 53.39% of the company’s stock.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.