Genuit Group plc (LON:GEN) Declares Dividend Increase – GBX 8.40 Per Share

Genuit Group plc (LON:GEN) declared a dividend on Tuesday, March 11th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 1st will be paid a dividend of GBX 8.40 ($0.11) per share on Wednesday, June 4th. This represents a dividend yield of 2.19%. The ex-dividend date is Thursday, May 1st. This is a 104.9% increase from Genuit Group’s previous dividend of $4.10. The official announcement can be accessed at this link.

Genuit Group Stock Performance

Shares of LON:GEN opened at GBX 375.70 ($5.05) on Tuesday. Genuit Group has a 1 year low of GBX 301 ($4.04) and a 1 year high of GBX 518 ($6.96). The stock has a market capitalization of £931.85 million, a price-to-earnings ratio of 39.42, a price-to-earnings-growth ratio of 3.23 and a beta of 1.28. The company has a debt-to-equity ratio of 28.10, a current ratio of 1.47 and a quick ratio of 1.07. The company’s 50 day simple moving average is GBX 357.24 and its 200 day simple moving average is GBX 391.31.

Genuit Group (LON:GEN) last announced its quarterly earnings data on Tuesday, March 11th. The company reported GBX 24.30 ($0.33) earnings per share for the quarter. Genuit Group had a return on equity of 3.74% and a net margin of 4.26%. As a group, research analysts predict that Genuit Group will post 27.6836158 EPS for the current fiscal year.

About Genuit Group

Genuit Group plc is the UK’s largest provider of sustainable water, climate and ventilation products for the built environment. Genuit’s solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets.

The Group is divided into three Business Units, each of which addresses specific challenges in the built environment:
– Climate Management Solutions – Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.