Essentra plc (LON:ESNT) to Issue GBX 1.25 Dividend

Essentra plc (LON:ESNT) announced a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 19th will be given a dividend of GBX 1.25 ($0.02) per share on Friday, October 25th. This represents a dividend yield of 0.76%. The ex-dividend date is Thursday, September 19th. The official announcement can be viewed at this link.

Essentra Stock Up 1.1 %

Shares of Essentra stock opened at GBX 143.40 ($1.89) on Wednesday. Essentra has a 1 year low of GBX 125.92 ($1.66) and a 1 year high of GBX 191.80 ($2.53). The company has a debt-to-equity ratio of 51.89, a current ratio of 1.97 and a quick ratio of 0.50. The stock has a market cap of £412.58 million, a price-to-earnings ratio of 7,980.00, a PEG ratio of 3.84 and a beta of 1.18. The firm’s 50-day moving average is GBX 166.63 and its two-hundred day moving average is GBX 171.16.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ESNT. Jefferies Financial Group reduced their price objective on shares of Essentra from GBX 260 ($3.43) to GBX 250 ($3.30) and set a “buy” rating for the company in a research note on Friday, July 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 255 ($3.37) price target on shares of Essentra in a research report on Thursday, May 23rd.

About Essentra

Essentra plc manufactures and distributes plastic injection and vinyl dip moulded, and metal components worldwide. The company offers cable ties and conduit, and accessories; grommets, strain relief, and blanking plugs; cable glands and accessories; caps and plugs; card guides and pullers; circuit board hardware products; EMI suppression ferrite cores; fan accessories comprising filters and fan mounting accessories; screws and nuts; rivet and panel fasteners; barbed and push-fit fasteners; binder screws and snap fasteners; washers; spacers; brushes; feet; fibre management; and furniture fittings.