Elementis plc to Issue Dividend of $0.01 (LON:ELM)

Elementis plc (LON:ELM) announced a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be given a dividend of $0.01 per share on Friday, September 27th. This represents a dividend yield of 0.54%. The ex-dividend date of this dividend is Thursday, August 15th. The official announcement can be viewed at this link.

Elementis Trading Up 2.0 %

Elementis stock opened at GBX 159.80 ($2.04) on Wednesday. Elementis has a one year low of GBX 106.40 ($1.36) and a one year high of GBX 167 ($2.13). The company’s fifty day moving average price is GBX 148.14 and its two-hundred day moving average price is GBX 144.14. The company has a market capitalization of £941.41 million, a price-to-earnings ratio of -3,132.00, a PEG ratio of 3.05 and a beta of 2.00. The company has a debt-to-equity ratio of 37.85, a current ratio of 2.04 and a quick ratio of 1.16.

Insider Activity at Elementis

In other Elementis news, insider Paul Waterman sold 350,000 shares of the business’s stock in a transaction on Wednesday, May 29th. The shares were sold at an average price of GBX 150 ($1.92), for a total transaction of £525,000 ($670,326.86). 4.16% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 170 ($2.17) price objective on shares of Elementis in a report on Friday, July 12th.

About Elementis

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.