Diploma PLC (LON:DPLM) to Issue Dividend Increase – GBX 20.50 Per Share

Diploma PLC (LON:DPLM) declared a dividend on Monday, November 18th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 20.50 ($0.27) per share on Wednesday, January 22nd. This represents a dividend yield of 1.15%. The ex-dividend date of this dividend is Thursday, November 28th. This is a positive change from Diploma’s previous dividend of $8.50. The official announcement can be accessed at this link.

Shares of Diploma stock opened at GBX 1,886 ($24.64) on Tuesday. The company has a debt-to-equity ratio of 12.97, a quick ratio of 1.10 and a current ratio of 2.05. Diploma has a 52-week low of GBX 1,144 ($14.95) and a 52-week high of GBX 1,954 ($25.53). The stock has a market capitalization of $1.96 billion and a price-to-earnings ratio of 34.48. The company’s 50 day moving average price is GBX 1,669.38 and its 200-day moving average price is GBX 1,568.35.

Diploma (LON:DPLM) last released its quarterly earnings results on Monday, November 18th. The company reported GBX 64.30 ($0.84) earnings per share for the quarter, beating the consensus estimate of GBX 63.40 ($0.83) by GBX 0.90 ($0.01). As a group, equities research analysts forecast that Diploma will post 6497.0000701 earnings per share for the current fiscal year.

DPLM has been the topic of several recent analyst reports. Barclays lifted their price target on shares of Diploma from GBX 1,420 ($18.55) to GBX 1,500 ($19.60) and gave the company an “equal weight” rating in a report on Tuesday, November 19th. Peel Hunt reiterated a “hold” rating on shares of Diploma in a report on Monday, November 18th. JPMorgan Chase & Co. cut shares of Diploma to a “neutral” rating and cut their price target for the company from GBX 1,760 ($23.00) to GBX 1,730 ($22.61) in a report on Tuesday, November 19th. Finally, Royal Bank of Canada lifted their price target on shares of Diploma from GBX 1,280 ($16.73) to GBX 1,400 ($18.29) and gave the company a “sector performer” rating in a report on Thursday, August 22nd. Seven equities research analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,490 ($19.47).

About Diploma

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in North America, Europe, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies consumables and instruments for the diagnostic testing of blood, tissue, and other samples in hospital pathology and life sciences laboratories; electrosurgery and minimally invasive surgery equipment and consumables for use in hospital operating rooms; and surgical medical devices, and related consumables and services to GI endoscopy suites in hospitals and private clinics.

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Dividend History for Diploma (LON:DPLM)

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