Stelrad Group PLC (LON:SRAD) Insider Acquires £9,558 in Stock

Stelrad Group PLC (LON:SRAD) insider Katherine Innes Ker purchased 8,100 shares of Stelrad Group stock in a transaction that occurred on Thursday, March 28th. The stock was bought at an average cost of GBX 118 ($1.49) per share, for a total transaction of £9,558 ($12,078.86).

Stelrad Group Stock Performance

SRAD stock traded down GBX 0.40 ($0.01) during trading on Thursday, reaching GBX 118.10 ($1.49). The company had a trading volume of 17,400 shares, compared to its average volume of 89,332. The company has a debt-to-equity ratio of 164.32, a quick ratio of 0.76 and a current ratio of 1.59. The company has a market cap of £150.40 million, a price-to-earnings ratio of 987.50 and a beta of 0.20. The firm has a 50-day simple moving average of GBX 119.81 and a 200-day simple moving average of GBX 111.87. Stelrad Group PLC has a twelve month low of GBX 92 ($1.16) and a twelve month high of GBX 140 ($1.77).

Stelrad Group Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Thursday, April 25th will be given a dividend of GBX 4.72 ($0.06) per share. This is a boost from Stelrad Group’s previous dividend of $2.92. The ex-dividend date is Thursday, April 25th. This represents a dividend yield of 4.31%. Stelrad Group’s payout ratio is presently 6,666.67%.

About Stelrad Group

Stelrad Group PLC manufactures and distributes radiators in the United Kingdom, Ireland, Europe, Turkey, and internationally. It provides steel panel and low surface temperature radiators; towel warmers; decorative steel tubular and column radiators; and electric, hybrid, and dual fuel radiators under the Stelrad, Henrad, Termo Teknik, Hudevad, and DL Radiators brands.