Ashtead Technology Holdings Plc (LON:AT) Plans Dividend Increase – GBX 1.20 Per Share

Ashtead Technology Holdings Plc (LON:AT) declared a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 1st will be given a dividend of GBX 1.20 ($0.02) per share on Thursday, May 29th. This represents a yield of 0.21%. The ex-dividend date is Thursday, May 1st. This is a 9.1% increase from Ashtead Technology’s previous dividend of $1.10. The official announcement can be viewed at this link.

Ashtead Technology Stock Performance

Ashtead Technology has a twelve month low of GBX 426 ($5.52) and a twelve month high of GBX 893 ($11.56). The company has a debt-to-equity ratio of 70.83, a quick ratio of 1.46 and a current ratio of 1.82. The firm has a 50 day moving average price of GBX 537.76. The company has a market cap of £433.02 million, a price-to-earnings ratio of 17.63 and a beta of 0.28.

Ashtead Technology (LON:AT) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 45 ($0.58) EPS for the quarter. Ashtead Technology had a net margin of 17.37% and a return on equity of 23.56%. As a group, equities analysts predict that Ashtead Technology will post 42.8247734 EPS for the current fiscal year.

Ashtead Technology Company Profile

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products.