Trifast plc (TRI) to Issue Dividend of GBX 0.60 on April 10th

Trifast plc (LON:TRI) announced a dividend on Wednesday, November 19th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 6th will be paid a dividend of GBX 0.60 ($0.01) per share on Thursday, April 10th. This represents a dividend yield of 0.77%. The ex-dividend date is Thursday, March 6th. The official announcement can be viewed at this link.

Trifast Price Performance

Shares of Trifast stock opened at GBX 67.70 ($0.86) on Tuesday. The company has a current ratio of 3.46, a quick ratio of 1.78 and a debt-to-equity ratio of 48.54. The company’s 50-day moving average price is GBX 79.29 and its two-hundred day moving average price is GBX 80.08. Trifast has a 52 week low of GBX 65.44 ($0.83) and a 52 week high of GBX 87 ($1.11). The stock has a market cap of £93.66 million, a PE ratio of -21.12 and a beta of 1.16.

Insiders Place Their Bets

In related news, insider Nicholas Mills acquired 100,000 shares of the business’s stock in a transaction on Monday, January 27th. The shares were purchased at an average price of GBX 80 ($1.02) per share, for a total transaction of £80,000 ($101,664.76). Also, insider Iain Percival acquired 63,529 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were bought at an average price of GBX 78 ($0.99) per share, for a total transaction of £49,552.62 ($62,971.94). Over the last three months, insiders have acquired 403,529 shares of company stock worth $32,635,262. 13.71% of the stock is owned by corporate insiders.

Trifast Company Profile

About Trifast plc (LSE Main listing: symbol: TRI)
Founded in 1973, Trifast is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings. From locations across key regions in the UK & Ireland, Asia, Europe, and North America, the Group supplies customers in c.70 countries across a wide range of industries, including automotive, smart infrastructure and medical equipment.

Through our Engineering application expertise we deliver comprehensive support to our OEM and Tier 1 customers across every requirement, from concept design through to technical engineering consultancy, manufacturing, supply management and global logistics.