Howden Joinery Group Plc (LON:HWDN) Declares GBX 4.90 Dividend

Howden Joinery Group Plc (LON:HWDN) declared a dividend on Thursday, July 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 17th will be paid a dividend of GBX 4.90 ($0.06) per share on Friday, November 22nd. This represents a dividend yield of 0.52%. The ex-dividend date is Thursday, October 17th. The official announcement can be accessed at this link.

Howden Joinery Group Stock Performance

Shares of HWDN opened at GBX 926.50 ($11.98) on Friday. Howden Joinery Group has a one year low of GBX 612 ($7.92) and a one year high of GBX 953.59 ($12.33). The company has a market cap of £5.09 billion, a PE ratio of 2,014.13, a P/E/G ratio of 2.12 and a beta of 1.02. The stock has a 50-day moving average of GBX 902.27 and a 200-day moving average of GBX 862.38. The company has a debt-to-equity ratio of 75.88, a current ratio of 1.92 and a quick ratio of 0.94.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on HWDN shares. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 920 ($11.90) price objective on shares of Howden Joinery Group in a research note on Friday, April 12th. Barclays reissued an “overweight” rating and issued a GBX 1,010 ($13.06) price target on shares of Howden Joinery Group in a research report on Wednesday, May 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 873.33 ($11.30).

Insider Transactions at Howden Joinery Group

In related news, insider Vanda Murray bought 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The shares were bought at an average price of GBX 874 ($11.30) per share, with a total value of £26,220 ($33,911.02). Insiders purchased a total of 3,049 shares of company stock valued at $2,666,685 over the last ninety days. 0.55% of the stock is currently owned by insiders.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.