Ferguson (LON:FERG) Trading Down 1.5% – Here’s What Happened

Ferguson plc (LON:FERG) shares dropped 1.5% on Monday . The company traded as low as £143.70 ($177.19) and last traded at £144.90 ($178.67). Approximately 19,044 shares were traded during trading, a decline of 89% from the average daily volume of 167,622 shares. The stock had previously closed at £147.10 ($181.38).

Ferguson Price Performance

The company has a market cap of £29.08 billion, a PE ratio of 2,205.48, a PEG ratio of 2.57 and a beta of 1.21. The firm’s 50-day moving average is £152.51 and its 200-day moving average is £153.74. The company has a quick ratio of 0.83, a current ratio of 1.80 and a debt-to-equity ratio of 98.24.

Ferguson Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Friday, December 20th will be issued a dividend of $0.83 per share. This is an increase from Ferguson’s previous dividend of $0.79. The ex-dividend date of this dividend is Friday, December 20th. This represents a dividend yield of 0.42%. Ferguson’s dividend payout ratio is 3,592.09%.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.