Diploma (LON:DPLM) Rating Lowered to Hold at Shore Capital

Shore Capital cut shares of Diploma (LON:DPLM) to a hold rating in a report released on Tuesday morning, MarketBeat Ratings reports.

Diploma Stock Down 0.7 %

Shares of DPLM stock opened at GBX 4,144 ($52.59) on Tuesday. Diploma has a 52-week low of GBX 3,200 ($40.61) and a 52-week high of GBX 4,653 ($59.05). The company has a debt-to-equity ratio of 45.69, a quick ratio of 0.80 and a current ratio of 2.27. The stock has a market cap of £5.55 billion, a price-to-earnings ratio of 4,853.49, a PEG ratio of 2.82 and a beta of 0.75. The firm’s 50-day moving average is GBX 4,399.58 and its 200-day moving average is GBX 4,263.55.

Diploma Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 16th will be given a GBX 42 ($0.53) dividend. This represents a dividend yield of 0.93%. This is a boost from Diploma’s previous dividend of $17.30. The ex-dividend date is Thursday, January 16th. Diploma’s dividend payout ratio (DPR) is presently 6,627.91%.

About Diploma

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in the United Kingdom, Continental Europe, North America, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies technology-enabled products used in surgical procedures in operating theatres and endoscopy; testing equipment and services for clinical laboratories; and bio-pharma, food safety and testing, and other research-oriented products.