Halfords Group plc (LON:HFD) Announces Dividend Increase – GBX 5 Per Share

Halfords Group plc (LON:HFD) declared a dividend on Thursday, June 27th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 8th will be paid a dividend of GBX 5 ($0.06) per share on Friday, September 13th. This represents a dividend yield of 3.52%. The ex-dividend date is Thursday, August 8th. This is an increase from Halfords Group’s previous dividend of $3.00. The official announcement can be viewed at this link.

Halfords Group Trading Down 1.4 %

Shares of LON:HFD opened at GBX 141.40 ($1.81) on Wednesday. Halfords Group has a 52-week low of GBX 125 ($1.60) and a 52-week high of GBX 244.80 ($3.13). The company has a debt-to-equity ratio of 70.56, a quick ratio of 0.41 and a current ratio of 0.98. The company has a market capitalization of £309.57 million, a P/E ratio of 956.00, a price-to-earnings-growth ratio of 2.80 and a beta of 1.58. The company has a 50-day simple moving average of GBX 146.69 and a 200 day simple moving average of GBX 157.29.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “hold” rating and set a GBX 146 ($1.87) target price on shares of Halfords Group in a research note on Monday, July 8th.

About Halfords Group

Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom and the Republic of Ireland. The company operates through two segments, Retail and Car Servicing. The Retail segment is involved in the retail of automotive, leisure, cycling products and accessories, auto parts, and accessories through its stores and online.