TI Fluid Systems (LON:TIFS) Shares Down 1.6%

TI Fluid Systems plc (LON:TIFS) fell 1.6% during mid-day trading on Thursday . The stock traded as low as GBX 145.60 ($1.80) and last traded at GBX 145.60 ($1.80). 926,582 shares changed hands during trading, an increase of 42% from the average session volume of 654,487 shares. The stock had previously closed at GBX 148 ($1.83).

TI Fluid Systems Price Performance

The company has a debt-to-equity ratio of 171.85, a current ratio of 1.86 and a quick ratio of 1.54. The company has a 50-day simple moving average of GBX 151.77 and a 200-day simple moving average of GBX 143.16. The stock has a market cap of £746.71 million, a PE ratio of 1,040.00, a PEG ratio of 0.40 and a beta of 1.28.

TI Fluid Systems Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 21st. Stockholders of record on Thursday, May 23rd will be given a dividend of €0.05 ($0.05) per share. This represents a dividend yield of 2.61%. This is an increase from TI Fluid Systems’s previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, May 23rd. TI Fluid Systems’s dividend payout ratio (DPR) is presently 2,142.86%.

TI Fluid Systems Company Profile

TI Fluid Systems plc designs, manufactures, and sells thermal and fluid system solutions in Europe, Africa, the Asia Pacific, North America, and Latin America. It operates in two segments, Fluid Carrying Systems (FCS), and Fuel Tank and Delivery Systems (FTDS). The FCS segment offers brake and fuel lines and bundles; thermal management fluid systems, including HEV and BEV heating and cooling lines; and powertrain components and quick connectors.