Speedy Hire Plc (SDY) to Issue Dividend of GBX 1.80 on September 20th

Speedy Hire Plc (LON:SDY) announced a dividend on Wednesday, June 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 8th will be paid a dividend of GBX 1.80 ($0.02) per share on Friday, September 20th. This represents a dividend yield of 5.85%. The ex-dividend date is Thursday, August 8th. This is a positive change from Speedy Hire’s previous dividend of $0.80. The official announcement can be accessed at this link.

Speedy Hire Trading Down 1.9 %

SDY opened at GBX 32.19 ($0.41) on Friday. Speedy Hire has a 1-year low of GBX 22.50 ($0.29) and a 1-year high of GBX 38.95 ($0.49). The firm has a 50-day moving average price of GBX 27.68 and a two-hundred day moving average price of GBX 28.57. The stock has a market capitalization of £148.67 million, a PE ratio of -3,220.00, a PEG ratio of 0.21 and a beta of 1.25. The company has a current ratio of 1.07, a quick ratio of 0.90 and a debt-to-equity ratio of 97.86.

Insiders Place Their Bets

In other news, insider Paul A. Rayner bought 35,000 shares of the stock in a transaction dated Thursday, June 20th. The stock was bought at an average cost of GBX 33 ($0.42) per share, with a total value of £11,550 ($14,675.98). In other news, insider Shatish D. Dasani acquired 80,000 shares of the stock in a transaction that occurred on Wednesday, April 10th. The stock was acquired at an average price of GBX 25 ($0.32) per share, for a total transaction of £20,000 ($25,412.96). Also, insider Paul A. Rayner acquired 35,000 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The shares were acquired at an average cost of GBX 33 ($0.42) per share, for a total transaction of £11,550 ($14,675.98). Company insiders own 5.16% of the company’s stock.

About Speedy Hire

Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland. The company hires a range of tools and accessories, including access, lighting, lifting, rail, survey and safety, ATEX, plant, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.