Breedon Group plc (LON:BREE) Plans Dividend of GBX 10

Breedon Group plc (LON:BREE) announced a dividend on Wednesday, March 5th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 3rd will be paid a dividend of GBX 10 ($0.13) per share on Friday, May 16th. This represents a dividend yield of 2.09%. The ex-dividend date is Thursday, April 3rd. This is a 122.2% increase from Breedon Group’s previous dividend of $4.50. The official announcement can be seen at this link.

Breedon Group Trading Up 1.0 %

Shares of BREE opened at GBX 452.80 ($5.85) on Tuesday. Breedon Group has a fifty-two week low of GBX 356 ($4.60) and a fifty-two week high of GBX 501 ($6.47). The business has a 50-day moving average of GBX 451.02 and a 200 day moving average of GBX 442.10. The firm has a market cap of £1.56 billion, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 44.86, a quick ratio of 1.12 and a current ratio of 1.44.

Breedon Group (LON:BREE) last released its quarterly earnings data on Wednesday, March 5th. The company reported GBX 14.50 ($0.19) EPS for the quarter. Breedon Group had a net margin of 6.34% and a return on equity of 8.58%. As a group, research analysts forecast that Breedon Group will post 36.8586859 EPS for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price objective on Breedon Group from GBX 540 ($6.98) to GBX 590 ($7.62) and gave the company a “buy” rating in a research note on Thursday, March 6th.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.