Volution Group plc (LON:FAN) Declares GBX 3.40 Dividend

Volution Group plc (LON:FAN) declared a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 3.40 ($0.04) per share on Tuesday, May 6th. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, March 27th. The official announcement can be seen at this link.

Volution Group Stock Performance

LON:FAN opened at GBX 562 ($7.26) on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.28 and a debt-to-equity ratio of 34.97. Volution Group has a twelve month low of GBX 400 ($5.17) and a twelve month high of GBX 624 ($8.06). The company has a fifty day moving average of GBX 533.13 and a 200-day moving average of GBX 555.66. The firm has a market capitalization of £1.11 billion, a P/E ratio of 25.87 and a beta of 1.36.

Volution Group (LON:FAN) last posted its quarterly earnings results on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share for the quarter. Volution Group had a net margin of 12.31% and a return on equity of 17.78%. As a group, sell-side analysts anticipate that Volution Group will post 30.0441826 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 700 ($9.05) price target on shares of Volution Group in a research note on Thursday, March 13th.

About Volution Group

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.