Zotefoams plc (LON:ZTF) Increases Dividend to GBX 5.10 Per Share

Zotefoams plc (LON:ZTF) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Investors of record on Thursday, May 1st will be paid a dividend of GBX 5.10 ($0.07) per share on Monday, June 2nd. This represents a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, May 1st. This is a 114.3% increase from Zotefoams’s previous dividend of $2.38. The official announcement can be accessed at this link.

Zotefoams Price Performance

LON:ZTF opened at GBX 253.45 ($3.41) on Tuesday. The firm has a fifty day simple moving average of GBX 265.49 and a 200 day simple moving average of GBX 308.92. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 42.07. The stock has a market capitalization of £121.90 million, a PE ratio of 12.27, a P/E/G ratio of 0.66 and a beta of 1.40. Zotefoams has a 1-year low of GBX 222 ($2.98) and a 1-year high of GBX 595.20 ($8.00).

Zotefoams (LON:ZTF) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 25.95 ($0.35) earnings per share (EPS) for the quarter. Zotefoams had a net margin of 7.45% and a return on equity of 8.42%.

About Zotefoams

Zotefoams plc, together with its subsidiaries, manufactures, distributes, and sells polyolefin block foams in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Polyolefin Foams, High-Performance Products, and MuCell Extrusion LLC segments. It offers AZOTE, a polyolefin foam under the Plastazote, Evazote, and Supazote, AZOTE Adapt brands; and various high-performance foams manufactured from fluoropolymers, engineering polymers, and specialty elastomers under the ZOTEK brand; and Ecozote foam for plastic products that offers circularity and reduce reliance on fossil fuel-derived raw materials.