Luxfer Holdings PLC (LXFR) To Go Ex-Dividend on January 23rd

Luxfer Holdings PLC (NYSE:LXFR) declared a quarterly dividend on Tuesday, January 13th. Shareholders of record on Friday, January 23rd will be paid a dividend of 0.13 per share by the industrial products company on Wednesday, February 4th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, January 23rd.

Luxfer has raised its dividend payment by an average of 0.0%per year over the last three years. Luxfer has a dividend payout ratio of 44.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Luxfer to earn $0.97 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 53.6%.

Luxfer Stock Down 2.4%

Shares of NYSE:LXFR opened at $14.82 on Wednesday. Luxfer has a 52-week low of $9.41 and a 52-week high of $15.50. The company has a quick ratio of 0.71, a current ratio of 1.66 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $395.96 million, a price-to-earnings ratio of 27.96, a price-to-earnings-growth ratio of 1.77 and a beta of 0.99. The company has a 50 day moving average of $13.41 and a two-hundred day moving average of $13.09.

Luxfer Company Profile

Luxfer Gas Cylinders, trading as Luxfer (NYSE: LXFR), is a global manufacturer specializing in high-performance, lightweight gas cylinders. The company produces both aluminium and composite cylinders designed to store and transport high-pressure gases for industrial, medical, diving, firefighting and defense applications. Its portfolio includes seamless aluminium cylinders, wrapped composite cylinders and pressure vessel components tailored to meet stringent safety and performance standards.

Founded on more than a century of materials expertise originating from the Luxfer Graphic Magnesium Company established in 1898, Luxfer has evolved into a leader in cylinder innovation.