Howden Joinery Group (OTCMKTS:HWDJY) Cut to “Hold” at Zacks Investment Research

Zacks Investment Research downgraded shares of Howden Joinery Group (OTCMKTS:HWDJYGet Rating) from a buy rating to a hold rating in a research note published on Wednesday, Zacks.com reports.

According to Zacks, “Howden Joinery Group Plc is involved in the manufacture, sale and distribution of kitchens and joinery products. It offers kitchen cabinets and frontals, doors and worktops and breakfast bars; appliances. The company operates primarily in the United Kingdom, France, Belgium, the Netherlands and Germany. Howden Joinery Group Plc is headquartered in London, the United Kingdom. “

Howden Joinery Group stock opened at $33.40 on Wednesday. Howden Joinery Group has a one year low of $33.40 and a one year high of $50.49. The business has a fifty day moving average price of $40.41 and a 200-day moving average price of $45.15.

The business also recently announced a dividend, which will be paid on Monday, June 6th. Shareholders of record on Friday, April 8th will be paid a $0.7417 dividend. The ex-dividend date of this dividend is Thursday, April 7th. This represents a yield of 4.61%. This is an increase from Howden Joinery Group’s previous dividend of $0.74.

About Howden Joinery Group (Get Rating)

Howden Joinery Group Plc, a trade kitchen supplier, provides various products across kitchens, joinery, and hardware in the United Kingdom, France, and Belgium. It offers kitchen cabinets, surfaces, fittings, storages, fitted kitchens, kitchen doors, sinks, and taps, as well as appliances; joinery products, such as sliding wardrobe doors, door fittings, stairs and parts, floors, skirting boards, mouldings, doors, and architrave products; and appliances, such as cooking, refrigerator, dishwasher, and laundry products, as well as coffee machines.

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