Renold plc Plans Dividend of GBX 0.50 (LON:RNO)

Renold plc (LON:RNO) announced a dividend on Wednesday, July 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 8th will be paid a dividend of GBX 0.50 ($0.01) per share on Tuesday, September 17th. This represents a dividend yield of 0.81%. The ex-dividend date is Thursday, August 8th. The official announcement can be seen at this link.

Renold Price Performance

Shares of RNO opened at GBX 54.43 ($0.70) on Wednesday. Renold has a 12 month low of GBX 26.50 ($0.34) and a 12 month high of GBX 66.33 ($0.85). The company has a debt-to-equity ratio of 115.14, a current ratio of 1.68 and a quick ratio of 0.80. The stock has a fifty day moving average price of GBX 58.97 and a 200 day moving average price of GBX 49.26. The company has a market cap of £113.84 million, a P/E ratio of 785.74, a PEG ratio of 0.10 and a beta of 0.79.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “not rated” rating on shares of Renold in a research note on Wednesday, July 17th.

About Renold

Renold plc engages manufacturing and sale of high precision engineered products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally. The company operates through two segments, Chain and Torque Transmission. It offers inverted tooth chain; and transmission chain including general transmission, low maintenance, abrasion and corrosion resistant, and drive chain, as well as klik-top polymer block chain and standard attachment chain.