James Latham plc (LON:LTHM) Plans Dividend Increase – GBX 71 Per Share

James Latham plc (LON:LTHM) declared a dividend on Thursday, June 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 1st will be given a dividend of GBX 71 ($0.90) per share on Friday, August 23rd. This represents a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, August 1st. This is a boost from James Latham’s previous dividend of $7.75. The official announcement can be seen at this link.

James Latham Stock Performance

LTHM opened at GBX 1,273 ($16.15) on Friday. The company has a debt-to-equity ratio of 3.08, a current ratio of 5.47 and a quick ratio of 2.52. The firm has a fifty day moving average price of GBX 1,215.90 and a 200 day moving average price of GBX 1,166.74. James Latham has a 1 year low of GBX 929 ($11.78) and a 1 year high of GBX 1,320 ($16.74). The stock has a market cap of £256.64 million, a P/E ratio of 855.17 and a beta of 0.74.

Insiders Place Their Bets

In other James Latham news, insider Andrew George Wright sold 8,687 shares of the company’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of GBX 1,160 ($14.72), for a total transaction of £100,769.20 ($127,831.03). 45.02% of the stock is currently owned by company insiders.

James Latham Company Profile

James Latham plc, together with its subsidiaries, engages in the importing and distribution of timber, panels, and decorative surfaces in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally. The company offers panels, melamine, veneer, laminates, washroom collection, solid surface products, door blanks, plastics, hardwoods, engineered timber products, softwoods, flooring products, decking and timber cladding products, modified timbers and panels, fire retardant panels, advanced technical panels, and treatments, as well as architectural moldings and components.