Croda International Plc (LON:CRDA) Plans Dividend Increase – GBX 62 Per Share

Posted by Grant Hamersma on Apr 17th, 2024

Croda International Plc (LON:CRDA – Get Free Report) declared a dividend on Tuesday, February 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be paid a dividend of GBX 62 ($0.77) per share on Wednesday, May 29th. This represents a dividend yield of 1.26%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Croda International’s previous dividend of $47.00. The official announcement can be accessed at this link.

Croda International Price Performance

Croda International stock opened at GBX 4,913 ($61.16) on Wednesday. The firm has a market capitalization of £6.86 billion, a PE ratio of 3,959.02, a P/E/G ratio of 1.62 and a beta of 0.71. Croda International has a 52 week low of GBX 4,018 ($50.02) and a 52 week high of GBX 7,132 ($88.78). The firm’s 50-day simple moving average is GBX 4,823.12 and its 200 day simple moving average is GBX 4,690.35. The company has a quick ratio of 2.25, a current ratio of 2.84 and a debt-to-equity ratio of 29.99.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 5,200 ($64.73) price target on shares of Croda International in a research report on Wednesday, February 28th.

Read Our Latest Research Report on Croda International

Insider Buying and Selling

In related news, insider Tom Brophy sold 820 shares of the firm’s stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of GBX 4,954 ($61.67), for a total transaction of £40,622.80 ($50,569.90). In the last quarter, insiders purchased 9 shares of company stock worth $43,116. 0.94% of the stock is owned by corporate insiders.

Croda International Company Profile

(Get Free Report)

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.