Hill & Smith Holdings PLC (LON:HILS) Raises Dividend to GBX 20.60 Per Share

Hill & Smith Holdings PLC (LON:HILS) announced a dividend on Wednesday, March 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 24th will be given a dividend of GBX 20.60 ($0.27) per share on Monday, July 2nd. This represents a yield of 1.57%. The ex-dividend date of this dividend is Thursday, May 24th. This is a boost from Hill & Smith’s previous dividend of $9.40. The official announcement can be seen at this link.

Hill & Smith traded up GBX 9 ($0.12), reaching GBX 1,506 ($20.05), on Thursday, according to MarketBeat. The company had a trading volume of 106,522 shares, compared to its average volume of 129,227. Hill & Smith has a fifty-two week low of GBX 1,130 ($15.04) and a fifty-two week high of GBX 1,480 ($19.70).

In other Hill & Smith news, insider Mark Pegler sold 4,225 shares of the stock in a transaction dated Tuesday, June 5th. The stock was sold at an average price of GBX 1,416 ($18.85), for a total transaction of £59,826 ($79,651.18).

A number of analysts have weighed in on HILS shares. Peel Hunt reiterated a “buy” rating on shares of Hill & Smith in a report on Monday, April 9th. Numis Securities reiterated an “add” rating and set a GBX 1,450 ($19.31) price target on shares of Hill & Smith in a report on Thursday, March 8th. Finally, Berenberg Bank increased their price target on Hill & Smith from GBX 1,510 ($20.10) to GBX 1,610 ($21.44) and gave the stock a “buy” rating in a report on Wednesday, May 9th.

Hill & Smith Company Profile

Hill & Smith Holdings PLC designs, manufactures, and supplies infrastructure products; and provides galvanizing services. The company operates in three segments: Infrastructure Products?Utilities; Infrastructure Products-Roads; and Galvanizing Services segments. The Infrastructure Products?Utilities segment provides industrial floorings, plastic drainage pipes, security fencing, pipe supports, energy grid components, GRP railway platforms, flood prevention barriers, handrails, access covers, and steel and composite products for a range of infrastructure markets, including energy creation and distribution, rail, water, and house building.

Dividend History for Hill & Smith (LON:HILS)

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