Chemring Group plc (LON:CHG) announced a dividend on Wednesday, June 5th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 29th will be paid a dividend of GBX 1.20 ($0.02) per share on Friday, September 13th. This represents a yield of 0.73%. The ex-dividend date is Thursday, August 29th. The official announcement can be seen at this link.
CHG traded up GBX 6.40 ($0.08) on Friday, hitting GBX 184.60 ($2.41). The company had a trading volume of 114,644 shares, compared to its average volume of 282,499. The stock has a market cap of $512.45 million and a price-to-earnings ratio of -5.65. Chemring Group has a 1 year low of GBX 134 ($1.75) and a 1 year high of GBX 239.50 ($3.13). The stock’s fifty day simple moving average is GBX 162.53. The company has a debt-to-equity ratio of 31.94, a quick ratio of 0.42 and a current ratio of 0.96.
Separately, Peel Hunt reaffirmed an “add” rating on shares of Chemring Group in a research report on Friday, March 15th.
Chemring Group Company Profile
Chemring Group PLC manufactures and supplies technology electronics and energetic products for defense and security agencies, and defense prime contractors in the United States, the United Kingdom, Australia, and Norway. It operates through three segments: Countermeasures, Sensors, and Energetic. The Countermeasures segment designs, develops, manufactures, and sells expendable countermeasures for protecting air, sea, and land platforms; and landbased electronic warfare equipment.
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