Trifast plc (LON:TRI) declared a dividend on Tuesday, November 14th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, March 15th will be given a dividend of GBX 1.10 ($0.02) per share on Thursday, April 12th. This represents a yield of 0.45%. The ex-dividend date is Thursday, March 15th. The official announcement can be seen at this link.
Trifast (LON TRI) opened at GBX 255 ($3.52) on Wednesday. The company has a market cap of $313.10 and a price-to-earnings ratio of 2,125.00. Trifast has a one year low of GBX 191.75 ($2.65) and a one year high of GBX 264 ($3.65).
Several research analysts have commented on TRI shares. Peel Hunt lifted their price objective on shares of Trifast from GBX 265 ($3.66) to GBX 275 ($3.80) and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Berenberg Bank started coverage on shares of Trifast in a research note on Tuesday, December 12th. They set a “buy” rating and a GBX 275 ($3.80) price objective for the company. Finally, N+1 Singer lowered shares of Trifast to a “hold” rating in a research note on Tuesday, November 14th.
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Trifast plc is a manufacturer and distributor of industrial fastenings and category C components to a range of industries and customers. The Company designs, manufactures and distributes mechanical fasteners on a global basis to both distributors and to original equipment manufacturer (OEM) assemblers.
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