Halma (LON:HLMA) Sets New 12-Month High Following Dividend Announcement

Halma plc (LON:HLMA)’s stock price hit a new 52-week high during trading on Thursday after the company announced a dividend. The stock traded as high as GBX 2,757 ($34.56) and last traded at GBX 2,738 ($34.32), with a volume of 4966605 shares. The stock had previously closed at GBX 2,502 ($31.37).

The newly announced dividend which will be paid on Friday, January 31st. Investors of record on Thursday, December 19th will be given a GBX 9 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 0.36%. Halma’s dividend payout ratio is presently 3,098.59%.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “hold” rating on shares of Halma in a research report on Thursday.

Halma Stock Performance

The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83. The business has a 50 day moving average price of GBX 2,541.69 and a 200 day moving average price of GBX 2,509.24. The stock has a market cap of £10.16 billion, a P/E ratio of 3,794.37, a PEG ratio of 2.93 and a beta of 0.53.

Insider Activity at Halma

In other Halma news, insider Jennifer Ward sold 50,000 shares of Halma stock in a transaction on Thursday, November 21st. The stock was sold at an average price of GBX 2,648 ($33.20), for a total transaction of £1,324,000 ($1,659,771.84). 2.20% of the stock is owned by company insiders.

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Healthcare.