TI Fluid Systems (LON:TIFS) Shares Down 1.6%

TI Fluid Systems plc (LON:TIFS)’s stock price traded down 1.6% on Thursday . The stock traded as low as GBX 145.60 ($1.80) and last traded at GBX 145.60 ($1.80). 926,582 shares were traded during mid-day trading, an increase of 42% from the average session volume of 654,487 shares. The stock had previously closed at GBX 148 ($1.83).

TI Fluid Systems Stock Down 0.8 %

The company has a quick ratio of 1.54, a current ratio of 1.86 and a debt-to-equity ratio of 171.85. The firm has a market capitalization of £740.56 million, a price-to-earnings ratio of 1,031.43, a price-to-earnings-growth ratio of 0.40 and a beta of 1.28. The firm has a 50 day moving average of GBX 151.37 and a two-hundred day moving average of GBX 143.37.

TI Fluid Systems Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 23rd will be given a €0.05 ($0.05) dividend. The ex-dividend date is Thursday, May 23rd. This is an increase from TI Fluid Systems’s previous dividend of $0.02. This represents a yield of 2.61%. TI Fluid Systems’s dividend payout ratio (DPR) is currently 2,142.86%.

About TI Fluid Systems

TI Fluid Systems plc designs, manufactures, and sells thermal and fluid system solutions in Europe, Africa, the Asia Pacific, North America, and Latin America. It operates in two segments, Fluid Carrying Systems (FCS), and Fuel Tank and Delivery Systems (FTDS). The FCS segment offers brake and fuel lines and bundles; thermal management fluid systems, including HEV and BEV heating and cooling lines; and powertrain components and quick connectors.