Northbridge Industrial Services plc to Issue Dividend of GBX 1 (LON:NBI)

Northbridge Industrial Services plc (LON:NBIGet Rating) declared a dividend on Thursday, March 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 26th will be paid a dividend of GBX 1 ($0.01) per share on Thursday, June 16th. This represents a yield of 0.61%. The ex-dividend date of this dividend is Thursday, May 26th. The official announcement can be seen at this link.

Shares of LON:NBI opened at GBX 192 ($2.42) on Tuesday. The company’s 50 day simple moving average is GBX 183.70 and its 200 day simple moving average is GBX 172.07. The stock has a market capitalization of £53.91 million and a price-to-earnings ratio of -11.24. The company has a debt-to-equity ratio of 30.62, a current ratio of 2.01 and a quick ratio of 0.89. Northbridge Industrial Services has a 1 year low of GBX 96 ($1.21) and a 1 year high of GBX 204 ($2.57).

In related news, insider Peter R. Harris bought 20,000 shares of the firm’s stock in a transaction on Thursday, March 10th. The shares were purchased at an average price of GBX 169 ($2.13) per share, with a total value of £33,800 ($42,531.77). Also, insider Nicholas Mills purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, April 20th. The shares were acquired at an average price of GBX 190 ($2.39) per share, for a total transaction of £19,000 ($23,908.39).

Separately, Shore Capital reissued a “house stock” rating on shares of Northbridge Industrial Services in a research note on Tuesday, May 3rd.

Northbridge Industrial Services Company Profile (Get Rating)

Northbridge Industrial Services plc, together with its subsidiaries, manufactures, hires, and sells specialist industrial equipment in the United Kingdom, Continental Europe, North America, South America, Australia, New Zealand, the Middle East, and Asia. The company operates in two segments, Crestchic Loadbanks and Transformers, and Tasman Oil Tools.

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Dividend History for Northbridge Industrial Services (LON:NBI)

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