Crh Plc (NYSE:CRH – Get Free Report) declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.39 per share by the construction company on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, August 14th.
CRH has raised its dividend by an average of 0.1%annually over the last three years. CRH has a dividend payout ratio of 24.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect CRH to earn $6.70 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 23.3%.
CRH Trading Down 0.1%
NYSE:CRH traded down $0.06 during mid-day trading on Friday, hitting $95.94. The stock had a trading volume of 3,019,357 shares, compared to its average volume of 4,909,903. The stock has a 50-day simple moving average of $105.36 and a two-hundred day simple moving average of $111.47. The company has a market capitalization of $64.11 billion, a PE ratio of 17.77, a PEG ratio of 1.72 and a beta of 1.32. CRH has a twelve month low of $93.58 and a twelve month high of $131.55.
CRH Company Profile
CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.
CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.
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