CRH plc (CRH) to Issue Variable Dividend of $0.26 on December 18th

CRH plc (NYSE:CRH) declared a Variable dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.262 per share by the construction company on Wednesday, December 18th. This represents a yield of 1.4%. The ex-dividend date is Friday, November 22nd.

CRH Price Performance

Shares of NYSE CRH opened at $100.71 on Friday. CRH has a 52-week low of $58.12 and a 52-week high of $102.45. The business’s 50 day moving average is $91.44 and its two-hundred day moving average is $84.11.

CRH (NYSE:CRH) last posted its quarterly earnings data on Thursday, August 8th. The construction company reported $1.85 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.85. The company had revenue of $9.65 billion for the quarter, compared to analysts’ expectations of $10.16 billion. Sell-side analysts expect that CRH will post 5.45 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CRH has been the topic of several recent analyst reports. Truist Financial increased their target price on CRH from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday. StockNews.com cut shares of CRH from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Barclays assumed coverage on shares of CRH in a report on Tuesday, October 29th. They set an “overweight” rating and a $110.00 price objective on the stock. Finally, DA Davidson raised their price target on CRH from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $101.90.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.