Smiths Group plc (LON:SMIN) to Issue Dividend of GBX 30.20

Smiths Group plc (LON:SMIN) declared a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 17th will be paid a dividend of GBX 30.20 ($0.40) per share on Friday, November 22nd. This represents a yield of 1.66%. The ex-dividend date of this dividend is Thursday, October 17th. This is a positive change from Smiths Group’s previous dividend of $13.55. The official announcement can be accessed at this link.

Smiths Group Price Performance

Shares of Smiths Group stock opened at GBX 1,693 ($22.60) on Tuesday. The company has a market capitalization of £5.80 billion, a price-to-earnings ratio of 2,757.58, a PEG ratio of 0.35 and a beta of 0.66. The company has a quick ratio of 1.29, a current ratio of 1.91 and a debt-to-equity ratio of 32.22. The stock’s 50-day simple moving average is GBX 1,764.34 and its 200-day simple moving average is GBX 1,705.09. Smiths Group has a 52 week low of GBX 1,517.50 ($20.25) and a 52 week high of GBX 1,829 ($24.41).

Analyst Ratings Changes

Separately, Berenberg Bank assumed coverage on shares of Smiths Group in a report on Thursday, August 22nd. They set a “buy” rating and a GBX 1,850 ($24.69) price objective for the company.

Insider Transactions at Smiths Group

In other news, insider Karin Hoeing purchased 317 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was acquired at an average price of GBX 1,778 ($23.73) per share, for a total transaction of £5,636.26 ($7,523.04). Insiders own 0.61% of the company’s stock.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.