The Weir Group PLC (WEIR) To Go Ex-Dividend on April 21st

The Weir Group PLC (LON:WEIRGet Rating) declared a dividend on Monday, March 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 21st will be paid a dividend of GBX 12.30 ($0.16) per share on Monday, June 6th. This represents a yield of 0.81%. The ex-dividend date is Thursday, April 21st. This is a positive change from The Weir Group’s previous dividend of $11.50. The official announcement can be accessed at this link.

Shares of LON WEIR opened at GBX 1,534.67 ($19.97) on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.53 and a debt-to-equity ratio of 91.87. The firm’s 50-day moving average price is GBX 1,673.20 and its two-hundred day moving average price is GBX 1,706.56. The Weir Group has a 52-week low of GBX 1,381 ($17.97) and a 52-week high of GBX 2,015.49 ($26.22). The stock has a market capitalization of £3.98 billion and a P/E ratio of 15.47.

WEIR has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their target price on shares of The Weir Group from GBX 2,160 ($28.10) to GBX 1,945 ($25.31) and set an “overweight” rating on the stock in a report on Tuesday, February 8th. Barclays reissued an “overweight” rating and issued a GBX 1,980 ($25.76) target price on shares of The Weir Group in a report on Tuesday, March 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 1,900 ($24.72) target price on shares of The Weir Group in a report on Thursday, March 3rd. Shore Capital reaffirmed a “buy” rating on shares of The Weir Group in a report on Wednesday, March 2nd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 2,470 ($32.14) price target on shares of The Weir Group in a report on Wednesday, April 13th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 1,980 ($25.76).

In other The Weir Group news, insider John Heasley sold 3,206 shares of The Weir Group stock in a transaction that occurred on Monday, April 11th. The shares were sold at an average price of GBX 1,541 ($20.05), for a total value of £49,404.46 ($64,278.51). Also, insider Graham Vanhegan sold 3,090 shares of The Weir Group stock in a transaction that occurred on Friday, April 8th. The stock was sold at an average price of GBX 1,584 ($20.61), for a total transaction of £48,945.60 ($63,681.50).

About The Weir Group (Get Rating)

The Weir Group PLC produces and sells highly engineered original equipment. It operates in two segments, Minerals and ESCO. The Minerals segment offers slurry handling equipment and associated aftermarket support services for abrasive high-wear applications used in the mining and oil sands markets. The ESCO segment provides ground engaging tools for surface mining and infrastructure.

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Dividend History for The Weir Group (LON:WEIR)

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