Volution Group plc (LON:FAN) Declares GBX 3.40 Dividend

Volution Group plc (LON:FAN) declared a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 3.40 ($0.04) per share on Tuesday, May 6th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, March 27th. The official announcement can be viewed at this link.

Volution Group Trading Up 0.5 %

Shares of FAN opened at GBX 562 ($7.26) on Tuesday. Volution Group has a twelve month low of GBX 400 ($5.17) and a twelve month high of GBX 624 ($8.06). The company has a current ratio of 1.28, a quick ratio of 0.98 and a debt-to-equity ratio of 34.97. The firm has a market capitalization of £1.11 billion, a P/E ratio of 25.87 and a beta of 1.36. The firm’s 50-day moving average is GBX 533.13 and its two-hundred day moving average is GBX 555.66.

Volution Group (LON:FAN) last issued its quarterly earnings data on Thursday, March 13th. The company reported GBX 15.30 ($0.20) earnings per share (EPS) for the quarter. Volution Group had a return on equity of 17.78% and a net margin of 12.31%. On average, research analysts predict that Volution Group will post 30.0441826 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 700 ($9.05) price objective on shares of Volution Group in a research note on Thursday, March 13th.

About Volution Group

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting.