Luxfer Holdings PLC (NYSE:LXFR – Get Free Report) declared a quarterly dividend on Friday, October 4th, Zacks reports. Shareholders of record on Friday, October 18th will be paid a dividend of 0.13 per share by the industrial products company on Wednesday, November 6th. This represents a $0.52 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date is Friday, October 18th.
Luxfer has increased its dividend payment by an average of 1.3% per year over the last three years. Luxfer has a payout ratio of 47.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Luxfer to earn $1.00 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 52.0%.
Luxfer Trading Down 0.4 %
NYSE:LXFR opened at $12.62 on Friday. Luxfer has a 12 month low of $7.55 and a 12 month high of $13.52. The company has a current ratio of 2.39, a quick ratio of 1.21 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average price of $11.50 and a 200-day moving average price of $11.37. The stock has a market cap of $345.96 million, a price-to-earnings ratio of 11.58, a P/E/G ratio of 2.40 and a beta of 0.91.
Insider Buying and Selling
In other Luxfer news, insider Graham Wardlow sold 6,500 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $10.83, for a total transaction of $70,395.00. Following the completion of the transaction, the insider now owns 29,008 shares of the company’s stock, valued at approximately $314,156.64. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.17% of the stock is owned by insiders.
About Luxfer
Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.
Further Reading
- Five stocks we like better than Luxfer
- High Dividend REITs: Are They an Ideal Way to Diversify?
- 3 Key Stocks to Ride China’s Stimulus-Driven Growth
- There Are Different Types of Stock To Invest In
- 3 Dividend Growth Stocks Set to Supercharge Your Portfolio
- How to Calculate Options Profits
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
Receive News & Ratings for Luxfer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Luxfer and related companies with MarketBeat.com's FREE daily email newsletter.