Genuit Group plc (GEN) To Go Ex-Dividend on May 2nd

Posted by Tyrone Williams on Apr 30th, 2024

Genuit Group plc (LON:GEN – Get Free Report) declared a dividend on Tuesday, March 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 2nd will be given a dividend of GBX 8.30 ($0.10) per share on Wednesday, June 5th. This represents a dividend yield of 2.06%. The ex-dividend date is Thursday, May 2nd. This is a positive change from Genuit Group’s previous dividend of $4.10. The official announcement can be accessed at this link.

Genuit Group Trading Down 0.9 %

Shares of Genuit Group stock opened at GBX 440 ($5.53) on Tuesday. The company has a debt-to-equity ratio of 26.12, a current ratio of 1.40 and a quick ratio of 1.07. The stock has a market capitalization of £1.10 billion, a PE ratio of 2,950.00, a P/E/G ratio of 3.23 and a beta of 1.28. Genuit Group has a 1-year low of GBX 254 ($3.19) and a 1-year high of GBX 452.50 ($5.68). The company’s fifty day simple moving average is GBX 424.27 and its 200-day simple moving average is GBX 378.40.

Insider Buying and Selling at Genuit Group

In other news, insider Kevin Boyd bought 11,872 shares of the stock in a transaction that occurred on Tuesday, March 19th. The shares were bought at an average price of GBX 419 ($5.26) per share, for a total transaction of £49,743.68 ($62,484.21). Insiders own 3.01% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 480 ($6.03) price target on shares of Genuit Group in a report on Tuesday, March 12th.

View Our Latest Report on Genuit Group

Genuit Group Company Profile

(Get Free Report)

Genuit Group plc develops, manufactures, and sells water, climate, and ventilation management solutions in the United Kingdom, rest of the Europe, and internationally. The company operates through two segments, Residential Systems, and Commercial and Infrastructure Systems. It offers above and below ground drainage systems, rainwater solutions, and various plastic hot and cold plumbing products, as well as commercial ventilation, underfloor heating, hydronic filters, and plastic plumbing systems.