Treatt plc (LON:TET) Declares Dividend of GBX 2.50

Treatt plc (LON:TET – Get Rating) announced a dividend on Tuesday, May 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 30th will be paid a dividend of GBX 2.50 ($0.03) per share on Thursday, August 11th. This represents a yield of 0.25%. The ex-dividend date of this dividend is Thursday, June 30th. The official announcement can be seen at this link.

Shares of Treatt stock opened at GBX 867 ($10.69) on Tuesday. Treatt has a 12-month low of GBX 842 ($10.38) and a 12-month high of GBX 1,315 ($16.21). The company has a quick ratio of 1.12, a current ratio of 2.74 and a debt-to-equity ratio of 15.40. The stock has a market capitalization of £524.23 million and a P/E ratio of 40.32. The stock has a 50 day moving average price of GBX 1,053.96 and a two-hundred day moving average price of GBX 1,110.32.

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 1,400 ($17.26) price objective on shares of Treatt in a research report on Tuesday, April 12th.

In related news, insider Richard Andrew Hope sold 5,983 shares of the firm’s stock in a transaction on Monday, March 28th. The stock was sold at an average price of GBX 1,095 ($13.50), for a total value of £65,513.85 ($80,771.61). Also, insider Tim Jones bought 1,116 shares of Treatt stock in a transaction that occurred on Friday, March 4th. The stock was purchased at an average cost of GBX 891 ($10.99) per share, with a total value of £9,943.56 ($12,259.35).

About Treatt (Get Rating)

Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts and ingredients to the flavor, fragrance, beverage, and consumer product industries in the United Kingdom, Germany, Ireland, the United States, China, and internationally. The company offers flavor ingredients, such as citrus, coffee, tea, health and wellness, and fruits and vegetables extracts; aroma, natural, and high impact chemicals; and herb, spice, and floral ingredients.

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