Grainger plc (LON:GRI) Insider Robert Hudson Purchases 72 Shares of Stock

Grainger plc (LON:GRI) insider Robert Hudson purchased 72 shares of the stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average cost of GBX 7,200 ($93.49) per share, with a total value of £5,184 ($6,731.59).

Robert Hudson also recently made the following trade(s):

• On Monday, February 3rd, Robert Hudson purchased 72 shares of Grainger stock. The stock was bought at an average cost of GBX 208 ($2.70) per share, for a total transaction of £149.76 ($194.47).

Grainger Trading Down 0.7 %

Shares of GRI stock opened at GBX 203 ($2.64) on Thursday. Grainger plc has a twelve month low of GBX 196.40 ($2.55) and a twelve month high of GBX 276 ($3.58). The stock has a market cap of £1.50 billion, a price-to-earnings ratio of -1,353.33, a PEG ratio of 1.51 and a beta of 0.71. The company’s 50-day moving average price is GBX 207.98 and its 200-day moving average price is GBX 222.77. The company has a current ratio of 4.49, a quick ratio of 0.87 and a debt-to-equity ratio of 84.49.

Grainger Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 16th were given a GBX 5.01 ($0.07) dividend. The ex-dividend date was Thursday, January 16th. This is an increase from Grainger’s previous dividend of $2.54. This represents a dividend yield of 2.26%. Grainger’s dividend payout ratio is currently -4,666.67%.

About Grainger

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,100 rental homes to over 20,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.5bn, Grainger is creating thousands more rental homes by investing in cities across the UK.