Cranswick plc (LON:CWK) Plans GBX 25 Dividend

Cranswick plc (LON:CWK) announced a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 25 ($0.31) per share on Friday, January 24th. This represents a dividend yield of 0.49%. The ex-dividend date of this dividend is Thursday, December 12th. The official announcement can be viewed at this link.

Cranswick Price Performance

CWK stock opened at GBX 4,835 ($60.73) on Tuesday. The company’s 50-day moving average price is GBX 5,000.45 and its two-hundred day moving average price is GBX 4,661.73. Cranswick has a 12 month low of GBX 3,728 ($46.82) and a 12 month high of GBX 5,260 ($66.06). The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.88. The firm has a market cap of £2.60 billion, a P/E ratio of 2,423.09, a P/E/G ratio of 2.62 and a beta of 0.44.

Wall Street Analyst Weigh In

Several brokerages have commented on CWK. Shore Capital restated a “house stock” rating on shares of Cranswick in a research report on Monday, July 29th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 50 ($0.63) price target on shares of Cranswick in a research note on Monday, July 29th.

Insider Activity at Cranswick

In other news, insider Mark Bottomley sold 430 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of GBX 4,658 ($58.50), for a total value of £20,029.40 ($25,156.24). Also, insider Christopher Aldersley sold 16,500 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of GBX 4,910 ($61.67), for a total transaction of £810,150 ($1,017,520.72). 4.54% of the stock is currently owned by company insiders.

About Cranswick

Cranswick plc manufactures and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie, houmous and dips, and olives and antipasti, gourmet sausages, cooked meats, and gourmet pastries, as well as provides food services.