Lords Group Trading plc (LON:LORD) Increases Dividend to GBX 1.33 Per Share

Lords Group Trading plc (LON:LORD) announced a dividend on Wednesday, May 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 23rd will be paid a dividend of GBX 1.33 ($0.02) per share on Friday, June 28th. This represents a dividend yield of 2.74%. The ex-dividend date is Thursday, May 23rd. This is a positive change from Lords Group Trading’s previous dividend of $0.67. The official announcement can be accessed at this link.

Lords Group Trading Stock Down 1.6 %

Shares of LON LORD opened at GBX 46.75 ($0.59) on Thursday. The company has a quick ratio of 0.77, a current ratio of 1.40 and a debt-to-equity ratio of 170.01. The company has a market cap of £77.41 million, a price-to-earnings ratio of 950.00 and a beta of 1.17. Lords Group Trading has a 12-month low of GBX 39.60 ($0.50) and a 12-month high of GBX 70 ($0.88). The firm’s 50-day simple moving average is GBX 49.32 and its 200 day simple moving average is GBX 49.84.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 90 ($1.13) price target on shares of Lords Group Trading in a research note on Wednesday.

About Lords Group Trading

Lords Group Trading plc distributes building materials, plumbing, heating, and DIY goods to local tradesmen, developers, small and medium construction companies, and retail customers. The company operates in two divisions, Merchanting; and Plumbing and Heating. It also distributes heating and plumbing products to a network of independent merchants, installers, and general public.