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

Ashtead Technology Holdings Plc (LON:AT) declared a dividend on Tuesday, March 25th, DividendData.Co.Uk reports. Stockholders 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 dividend yield of 0.21%. The ex-dividend date of this dividend is Thursday, May 1st. This is a 9.1% increase from Ashtead Technology’s previous dividend of $1.10. The official announcement can be seen at this link.

Ashtead Technology Stock Performance

The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 70.83. The company’s 50-day moving average is GBX 537.76. Ashtead Technology has a 12-month low of GBX 426 ($5.52) and a 12-month high of GBX 893 ($11.56). The stock has a market capitalization of £433.02 million, a price-to-earnings ratio of 17.63 and a beta of 0.28.

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

About Ashtead Technology

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.