CRH plc (CRH) to Issue Dividend of $0.37 on April 16th

CRH plc (NYSE:CRH) announced a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Investors of record on Friday, March 14th will be paid a dividend of 0.37 per share by the construction company on Wednesday, April 16th. The ex-dividend date is Friday, March 14th. This is a positive change from CRH’s previous dividend of $0.23.

CRH Stock Performance

CRH stock opened at $101.68 on Friday. The firm has a market cap of $69.06 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 1.15 and a beta of 1.30. CRH has a 52-week low of $71.18 and a 52-week high of $110.97. The firm has a 50 day moving average price of $98.42 and a two-hundred day moving average price of $95.12.

Wall Street Analysts Forecast Growth

CRH has been the subject of a number of analyst reports. HSBC initiated coverage on shares of CRH in a research note on Monday, November 11th. They set a “buy” rating and a $116.00 target price for the company. JPMorgan Chase & Co. upped their target price on CRH from $114.00 to $116.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Truist Financial lifted their target price on CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, November 8th. DA Davidson increased their price target on CRH from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Finally, Morgan Stanley lifted their price objective on shares of CRH from $95.00 to $104.00 and gave the company an “overweight” rating in a research note on Monday, November 11th. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $107.75.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.