Smiths Group plc (LON:SMIN) Declares Dividend Increase – GBX 36 Per Share

Smiths Group plc (LON:SMIN) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 36 ($0.47) per share on Thursday, April 17th. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 19.2% increase from Smiths Group’s previous dividend of $30.20. The official announcement can be seen at this link.

Smiths Group Stock Up 1.6 %

SMIN stock opened at GBX 2,028 ($26.20) on Tuesday. The stock has a market capitalization of £6.91 billion, a price-to-earnings ratio of 28.18, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66. The company has a 50-day moving average of GBX 1,979.67 and a two-hundred day moving average of GBX 1,800.52. Smiths Group has a 52-week low of GBX 1,514.66 ($19.57) and a 52-week high of GBX 2,188 ($28.27). The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29.

Smiths Group (LON:SMIN) last announced its earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.72) earnings per share for the quarter. Smiths Group had a return on equity of 11.54% and a net margin of 7.98%. As a group, equities research analysts anticipate that Smiths Group will post 85.1295337 EPS for the current year.

Insider Activity

In other news, insider Richard Howes acquired 87 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average cost of GBX 2,030 ($26.23) per share, with a total value of £1,766.10 ($2,282.08). 0.61% of the stock is currently owned by company insiders.

Smiths Group Company Profile

Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.