Bodycote plc (LON:BOY) Announces Dividend of GBX 16

Bodycote plc (LON:BOY) announced a dividend on Friday, March 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 25th will be paid a dividend of GBX 16 ($0.20) per share on Thursday, June 6th. This represents a yield of 2.53%. The ex-dividend date is Thursday, April 25th. This is a positive change from Bodycote’s previous dividend of $6.70. The official announcement can be accessed at this link.

Bodycote Stock Performance

Shares of Bodycote stock opened at GBX 694.51 ($8.58) on Wednesday. The company has a current ratio of 1.05, a quick ratio of 0.74 and a debt-to-equity ratio of 12.23. The business has a 50-day moving average price of GBX 660.45 and a two-hundred day moving average price of GBX 618.64. Bodycote has a 1-year low of GBX 545 ($6.73) and a 1-year high of GBX 731 ($9.03). The company has a market cap of £1.31 billion, a P/E ratio of 1,544.27, a PEG ratio of 1.44 and a beta of 1.18.

Insiders Place Their Bets

In other Bodycote news, insider Kevin Boyd purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was purchased at an average cost of GBX 653 ($8.07) per share, for a total transaction of £19,590 ($24,197.13). Company insiders own 1.41% of the company’s stock.

Bodycote Company Profile

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.