Shares of Goodwin PLC (LON:GDWN – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 8,000 ($101.65) and last traded at GBX 7,600 ($96.57), with a volume of 4681 shares changing hands. The stock had previously closed at GBX 7,900 ($100.38).
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a “house stock” rating on shares of Goodwin in a research report on Thursday, March 14th.
Check Out Our Latest Stock Analysis on GDWN
Goodwin Trading Down 3.8 %
Goodwin Increases Dividend
The business also recently announced a dividend, which was paid on Friday, April 12th. Investors of record on Thursday, March 21st were issued a GBX 57.50 ($0.73) dividend. This represents a dividend yield of 1.22%. This is a boost from Goodwin’s previous dividend of $53.90. The ex-dividend date of this dividend was Thursday, March 21st. Goodwin’s payout ratio is presently 5,502.39%.
Insider Buying and Selling
In related news, insider Bernard Rafe Ernest Goodwin sold 675 shares of Goodwin stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of GBX 5,640 ($71.66), for a total value of £38,070 ($48,373.57). Insiders own 67.58% of the company’s stock.
Goodwin Company Profile
Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check valves, axial nozzle check valves and axial piston control, and isolation valves for large construction projects, including the construction of naval vessels, nuclear waste treatment, nuclear power generation, liquefied natural gas, gas, oil, petrochemical, mining, and water markets; submersible slurry pumps; and radar surveillance systems for defense contractors, civil aviation authorities, and coastal border security agencies.
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