Porvair plc (LON:PRV) to Issue Dividend of GBX 2.10

Porvair plc (LON:PRV) declared a dividend on Monday, July 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, July 18th will be paid a dividend of GBX 2.10 ($0.03) per share on Wednesday, August 21st. This represents a dividend yield of 0.32%. The ex-dividend date of this dividend is Thursday, July 18th. The official announcement can be viewed at this link.

Porvair Stock Down 0.5 %

Shares of LON PRV opened at GBX 638.57 ($8.08) on Tuesday. The company has a debt-to-equity ratio of 11.52, a quick ratio of 1.22 and a current ratio of 2.22. Porvair has a 52 week low of GBX 522 ($6.60) and a 52 week high of GBX 745.70 ($9.43). The stock has a market capitalization of £296.04 million, a P/E ratio of 1,834.29 and a beta of 0.76. The stock’s fifty day moving average is GBX 658.40 and its 200 day moving average is GBX 641.73.

Insider Buying and Selling at Porvair

In other Porvair news, insider James Mills bought 4,250 shares of the firm’s stock in a transaction on Friday, April 19th. The shares were purchased at an average price of GBX 620 ($7.84) per share, for a total transaction of £26,350 ($33,329.12). Company insiders own 22.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Berenberg Bank initiated coverage on Porvair in a research report on Thursday, May 16th. They issued a “buy” rating and a GBX 800 ($10.12) price target on the stock. Shore Capital reiterated a “hold” rating on shares of Porvair in a research report on Monday.

Porvair Company Profile

Porvair plc engages in the filtration, laboratory, and environmental technology business. It operates through three segments: Aerospace & Industrial, Laboratory, and Metal Melt Quality. The Aerospace & Industrial segment designs and manufactures a range of specialist filtration equipment for aerospace, energy, and industrial applications.