WEIR GRP PLC/S (WEGRY) to Issue Semi-Annual Dividend of $0.09 on November 8th

WEIR GRP PLC/S (OTCMKTS:WEGRY) announced a Semi-Annual dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Friday, October 11th will be given a dividend of 0.09 per share on Friday, November 8th. The ex-dividend date is Thursday, October 10th.

OTCMKTS:WEGRY traded up $0.10 during trading hours on Tuesday, hitting $8.21. 3,578 shares of the company’s stock traded hands, compared to its average volume of 4,778. WEIR GRP PLC/S has a 52 week low of $7.49 and a 52 week high of $12.02. The business’s fifty day simple moving average is $8.82 and its two-hundred day simple moving average is $9.62. The firm has a market cap of $3.93 billion, a P/E ratio of 13.03, a P/E/G ratio of 1.28 and a beta of 1.58.

WEGRY has been the topic of several recent analyst reports. Zacks Investment Research cut WEIR GRP PLC/S from a “hold” rating to a “sell” rating in a report on Saturday. Liberum Capital downgraded WEIR GRP PLC/S from a “buy” rating to a “hold” rating in a research report on Friday, June 21st. Finally, JPMorgan Chase & Co. lowered WEIR GRP PLC/S from an “overweight” rating to a “neutral” rating in a report on Wednesday, September 18th.

About WEIR GRP PLC/S

The Weir Group PLC designs, manufactures, and sells highly-engineered products and services worldwide. It operates through three segments: Minerals, ESCO, and Oil & Gas. The Minerals segment offers slurry handling equipment and associated aftermarket support services for abrasive high-wear applications used in the mining and oil sands markets.

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