RHI Magnesita (LON:RHIM) Increases Dividend to €1.20 Per Share

RHI Magnesita (LON:RHIMGet Free Report) declared a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 22nd will be given a dividend of €1.20 ($1.35) per share on Thursday, June 12th. This represents a dividend yield of 3%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a 100.0% increase from RHI Magnesita’s previous dividend of $0.60. The official announcement can be accessed at this link.

RHI Magnesita Stock Performance

Shares of RHIM stock opened at GBX 3,095 ($41.34) on Tuesday. The company has a market capitalization of £1.76 billion, a price-to-earnings ratio of 9.70, a price-to-earnings-growth ratio of 2.03 and a beta of 1.53. The company has a debt-to-equity ratio of 152.96, a quick ratio of 0.93 and a current ratio of 1.91. RHI Magnesita has a one year low of GBX 2,425 ($32.39) and a one year high of GBX 3,885 ($51.89). The company’s 50-day moving average is GBX 3,095.88 and its 200 day moving average is GBX 3,257.03.

Insider Activity at RHI Magnesita

In related news, insider Stefan Borgas sold 5,598 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of GBX 3,065 ($40.94), for a total transaction of £171,578.70 ($229,168.83). In the last three months, insiders have sold 18,802 shares of company stock valued at $58,937,810. 42.23% of the stock is owned by corporate insiders.

RHI Magnesita Company Profile

(Get Free Report)

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.

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Dividend History for RHI Magnesita (LON:RHIM)

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