Diploma PLC (DPLM) To Go Ex-Dividend on January 16th

Diploma PLC (LON:DPLM) announced a dividend on Wednesday, November 19th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 16th will be paid a dividend of GBX 42 ($0.51) per share on Friday, January 31st. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Thursday, January 16th. This is a boost from Diploma’s previous dividend of $17.30. The official announcement can be seen at this link.

Diploma Trading Up 0.5 %

Shares of Diploma stock opened at GBX 4,126 ($50.49) on Tuesday. The stock has a market capitalization of £5.53 billion, a P/E ratio of 4,797.67, a price-to-earnings-growth ratio of 2.82 and a beta of 0.75. The company has a quick ratio of 0.80, a current ratio of 2.27 and a debt-to-equity ratio of 45.69. The company has a 50-day simple moving average of GBX 4,382.13 and a 200 day simple moving average of GBX 4,336.25. Diploma has a 12-month low of GBX 3,200 ($39.16) and a 12-month high of GBX 4,653 ($56.94).

Analyst Upgrades and Downgrades

DPLM has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Diploma from GBX 4,150 ($50.78) to GBX 4,370 ($53.48) and gave the stock a “neutral” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 5,100 ($62.41) price objective on shares of Diploma in a report on Friday, November 22nd. Finally, Shore Capital lowered shares of Diploma to a “hold” rating in a report on Tuesday, November 19th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 4,555 ($55.74).

Insider Activity

In other news, insider Chris Davies acquired 3,917 shares of Diploma stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average price of GBX 4,280 ($52.37) per share, with a total value of £167,647.60 ($205,148.80). Also, insider Johnny Thomson sold 26,794 shares of Diploma stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of GBX 4,536 ($55.51), for a total transaction of £1,215,375.84 ($1,487,244.05). Insiders own 0.52% of the company’s stock.

About Diploma

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.