Zotefoams plc (LON:ZTF) Increases Dividend to GBX 4.90 Per Share

Zotefoams plc (LON:ZTF) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 2nd will be paid a dividend of GBX 4.90 ($0.06) per share on Monday, June 3rd. This represents a yield of 1.46%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a positive change from Zotefoams’s previous dividend of $2.28. The official announcement can be accessed at this link.

Zotefoams Stock Down 0.3 %

Shares of Zotefoams stock opened at GBX 389 ($4.89) on Tuesday. The stock has a market capitalization of £190.03 million, a price-to-earnings ratio of 2,052.63, a PEG ratio of 0.66 and a beta of 1.26. The business’s 50 day simple moving average is GBX 360.94 and its 200-day simple moving average is GBX 344.06. The company has a current ratio of 1.42, a quick ratio of 0.67 and a debt-to-equity ratio of 32.71. Zotefoams has a twelve month low of GBX 258.55 ($3.25) and a twelve month high of GBX 415 ($5.21).

Insider Buying and Selling

In other news, insider Malcolm Swift bought 5,419 shares of Zotefoams stock in a transaction on Wednesday, March 27th. The stock was purchased at an average cost of GBX 394 ($4.95) per share, with a total value of £21,350.86 ($26,819.32). Insiders have bought a total of 5,503 shares of company stock valued at $2,165,086 in the last quarter. Company insiders own 18.65% of the company’s stock.

About Zotefoams

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.