Cairn Homes plc (LON:CRN) Announces Dividend Increase – €0.03 Per Share

Cairn Homes plc (LON:CRN) announced a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of €0.03 ($0.03) per share on Friday, May 17th. This represents a dividend yield of 2.15%. The ex-dividend date is Thursday, April 25th. This is an increase from Cairn Homes’s previous dividend of $0.03. The official announcement can be viewed at this link.

Cairn Homes Stock Up 1.0 %

Shares of LON:CRN opened at GBX 137 ($1.69) on Tuesday. The business has a 50-day moving average price of GBX 132.44 and a 200 day moving average price of GBX 118.01. The company has a current ratio of 8.88, a quick ratio of 0.22 and a debt-to-equity ratio of 23.81. The company has a market capitalization of £883.51 million, a price-to-earnings ratio of 1,249.09 and a beta of 1.03. Cairn Homes has a 12-month low of GBX 87.20 ($1.08) and a 12-month high of GBX 142.32 ($1.76).

Insider Buying and Selling

In related news, insider Michael Stanley sold 128,333 shares of the firm’s stock in a transaction dated Friday, April 5th. The stock was sold at an average price of GBX 158 ($1.95), for a total transaction of £202,766.14 ($250,452.25). Corporate insiders own 16.50% of the company’s stock.

Cairn Homes Company Profile

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company involved in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.