Hargreaves Services Plc (HSP) to Issue Dividend of GBX 18.50 on April 8th

Hargreaves Services Plc (LON:HSP) announced a dividend on Wednesday, January 29th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be paid a dividend of GBX 18.50 ($0.24) per share on Tuesday, April 8th. This represents a yield of 2.77%. The ex-dividend date is Thursday, March 20th. This is a 2.8% increase from Hargreaves Services’s previous dividend of $18.00. The official announcement can be viewed at this link.

Hargreaves Services Stock Up 2.2 %

LON HSP traded up GBX 14.50 ($0.19) during trading hours on Tuesday, hitting GBX 664.50 ($8.63). 58,363 shares of the company were exchanged, compared to its average volume of 39,754. The company has a 50 day moving average of GBX 636.62 and a two-hundred day moving average of GBX 590.87. The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 17.75. Hargreaves Services has a 52-week low of GBX 470 ($6.10) and a 52-week high of GBX 720 ($9.35). The firm has a market cap of £224.31 million, a price-to-earnings ratio of 18.20 and a beta of 0.85.

Hargreaves Services (LON:HSP) last issued its quarterly earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.16) earnings per share for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. Equities research analysts anticipate that Hargreaves Services will post 42.9487179 earnings per share for the current year.

About Hargreaves Services

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company’s three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS).