Avingtrans plc (LON:AVG) Increases Dividend to GBX 2.90 Per Share

Avingtrans plc (LON:AVG) announced a dividend on Wednesday, September 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 7th will be given a dividend of GBX 2.90 ($0.04) per share on Friday, December 20th. This represents a dividend yield of 0.69%. The ex-dividend date is Thursday, November 7th. This is a positive change from Avingtrans’s previous dividend of $1.80. The official announcement can be accessed at this link.

Avingtrans Stock Performance

Shares of AVG opened at GBX 416.80 ($5.58) on Wednesday. The stock has a market cap of £137.92 million, a P/E ratio of 2,193.68 and a beta of 0.52. The company has a 50-day moving average of GBX 391.08 and a two-hundred day moving average of GBX 392.61. Avingtrans has a 12-month low of GBX 330 ($4.42) and a 12-month high of GBX 440 ($5.89). The company has a current ratio of 1.85, a quick ratio of 1.87 and a debt-to-equity ratio of 19.24.

Insider Buying and Selling

In related news, insider Stephen McQuillan acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, July 2nd. The stock was bought at an average price of GBX 360 ($4.82) per share, with a total value of £3,600 ($4,820.57). 23.84% of the stock is currently owned by company insiders.

Avingtrans Company Profile

Avingtrans plc engages in the provision of engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.