Headlam Group plc (LON:HEAD) Increases Dividend to GBX 6 Per Share

Posted by Geri Gentry on May 8th, 2024

Headlam Group plc (LON:HEAD – Get Free Report) declared a dividend on Tuesday, March 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 9th will be given a dividend of GBX 6 ($0.08) per share on Friday, June 7th. This represents a dividend yield of 2.93%. The ex-dividend date of this dividend is Thursday, May 9th. This is an increase from Headlam Group’s previous dividend of $4.00. The official announcement can be viewed at this link.

Headlam Group Stock Up 3.1 %

Shares of Headlam Group stock opened at GBX 183.50 ($2.31) on Wednesday. The company has a fifty day moving average price of GBX 180.07 and a 200 day moving average price of GBX 193.35. The company has a current ratio of 1.41, a quick ratio of 0.72 and a debt-to-equity ratio of 42.70. Headlam Group has a twelve month low of GBX 170 ($2.14) and a twelve month high of GBX 295 ($3.71). The stock has a market cap of £147.15 million, a price-to-earnings ratio of 1,830.00 and a beta of 1.37.

Insider Buying and Selling at Headlam Group

In other news, insider Robin George Williams bought 6,380 shares of Headlam Group stock in a transaction dated Thursday, March 7th. The shares were acquired at an average cost of GBX 190 ($2.39) per share, with a total value of £12,122 ($15,228.64). 3.65% of the stock is owned by corporate insiders.

About Headlam Group

(Get Free Report)

Headlam Group plc, together with its subsidiaries, engages in sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe. The company offers its products to independent and multiple retailers, small and large contractors, and housebuilders.