Crh Plc (NYSE:CRH) Increases Dividend to $0.39 Per Share

Crh Plc (NYSE:CRH) announced a quarterly dividend on Wednesday, February 18th. Investors of record on Friday, March 6th will be given a dividend of 0.39 per share by the construction company on Wednesday, April 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, March 6th. This is a 5.4% increase from CRH’s previous quarterly dividend of $0.37.

CRH has raised its dividend payment by an average of 0.1%per year over the last three years. CRH has a dividend payout ratio of 17.3% meaning its dividend is sufficiently covered by earnings. Analysts expect CRH to earn $6.03 per share next year, which means the company should continue to be able to cover its $1.11 annual dividend with an expected future payout ratio of 18.4%.

CRH Price Performance

CRH stock traded up $1.19 during trading on Thursday, hitting $125.94. 3,638,865 shares of the company traded hands, compared to its average volume of 4,761,207. The company has a market cap of $84.41 billion, a PE ratio of 25.10, a P/E/G ratio of 1.79 and a beta of 1.33. The stock’s 50-day simple moving average is $125.28 and its 200 day simple moving average is $118.29. CRH has a 1 year low of $76.75 and a 1 year high of $131.55.

CRH (NYSE:CRH) last released its quarterly earnings results on Wednesday, February 18th. The construction company reported $1.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.68). CRH had a net margin of 9.30% and a return on equity of 16.25%. The company had revenue of $5.42 billion during the quarter, compared to analyst estimates of $11.15 billion. During the same period in the prior year, the business posted $1.02 EPS. CRH’s revenue was up 6.2% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Research analysts expect that CRH will post 5.47 earnings per share for the current year.

About CRH

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.