AIREA plc (LON:AIEA) Increases Dividend to GBX 0.60 Per Share

AIREA plc (LON:AIEA) declared a dividend on Thursday, March 27th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be given a dividend of GBX 0.60 ($0.01) per share on Wednesday, May 21st. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 9.1% increase from AIREA’s previous dividend of $0.55. The official announcement can be seen at this link.

AIREA Price Performance

Shares of AIEA stock opened at GBX 26.50 ($0.35) on Tuesday. AIREA has a 12 month low of GBX 17.28 ($0.23) and a 12 month high of GBX 35.75 ($0.47). The company has a quick ratio of 1.66, a current ratio of 2.98 and a debt-to-equity ratio of 12.40. The firm has a market cap of £10.22 million, a PE ratio of 1,300.00 and a beta of 1.08. The stock has a 50 day moving average of GBX 26.03 and a 200-day moving average of GBX 23.96.

AIREA (LON:AIEA) last released its earnings results on Thursday, March 27th. The company reported GBX (0.73) (($0.01)) EPS for the quarter. AIREA had a net margin of 0.31% and a return on equity of 0.39%.

Insider Activity at AIREA

In other news, insider Conleth Campbell acquired 40,000 shares of the stock in a transaction dated Thursday, March 27th. The shares were acquired at an average cost of GBX 29 ($0.38) per share, for a total transaction of £11,600 ($15,295.36). 54.06% of the stock is owned by corporate insiders.

About AIREA

AIREA plc is a UK design-led specialist flooring company listed on the AIM market of the London Stock Exchange, supplying to both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.