Trifast plc (LON:TRI) Declares GBX 0.60 Dividend

Trifast plc (LON:TRI) announced a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, March 14th will be paid a dividend of GBX 0.60 ($0.01) per share on Thursday, April 11th. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, March 14th. The official announcement can be viewed at this link.

Trifast Stock Up 0.3 %

LON:TRI opened at GBX 70.20 ($0.88) on Tuesday. The company has a market cap of £95.54 million, a price-to-earnings ratio of -3,500.00 and a beta of 1.11. Trifast has a twelve month low of GBX 46.70 ($0.58) and a twelve month high of GBX 93.50 ($1.17). The company has a current ratio of 4.23, a quick ratio of 1.78 and a debt-to-equity ratio of 63.02. The stock has a fifty day simple moving average of GBX 75.13 and a 200-day simple moving average of GBX 78.22.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Trifast in a report on Tuesday, October 24th.

About Trifast

Trifast plc, together with its subsidiaries, engages in the design, engineering, manufacture, and distribution of industrial fasteners and category C components in the United Kingdom, Europe, North America, and Asia. It also offers screws and bolts, nuts, washers, circlips, seals, rings, plastic and enclosure hardware, cable glands, security fasteners, spacers and pillars, tooling and driver bits, and other hardware products, as well as fasteners for sheet metal and plastic.