Castings PLC (LON:CGS) declared a dividend on Friday, November 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 21st will be given a dividend of GBX 3.48 ($0.05) per share on Thursday, January 2nd. This represents a yield of 0.91%. The ex-dividend date is Thursday, November 21st. The official announcement can be accessed at this link.
LON CGS opened at GBX 382 ($4.99) on Friday. The business’s 50 day moving average is GBX 379.90 and its two-hundred day moving average is GBX 397.54. Castings has a 12-month low of GBX 341 ($4.46) and a 12-month high of GBX 452 ($5.91). The stock has a market capitalization of $165.50 million and a price-to-earnings ratio of 15.16.
Separately, Peel Hunt lowered their price target on Castings from GBX 520 ($6.79) to GBX 480 ($6.27) and set a “buy” rating on the stock in a report on Tuesday, September 3rd.
Castings P.L.C. engages in iron casting and machining activities. It operates through Foundry Operations and Machining segments. The company offers ductile iron castings, spheroidal graphite (SG) iron castings, austempered ductile iron castings, simo castings, Ni-resist castings, and grey iron castings, as well as aluminum castings.
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