Renishaw plc (LON:RSW) Announces Dividend of GBX 59.40

Renishaw plc (LON:RSW) announced a dividend on Tuesday, September 19th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 2nd will be given a dividend of GBX 59.40 ($0.74) per share on Thursday, December 7th. This represents a dividend yield of 1.61%. The ex-dividend date of this dividend is Thursday, November 2nd. This is an increase from Renishaw’s previous dividend of $16.80. The official announcement can be viewed at this link.

Renishaw Price Performance

RSW opened at GBX 3,674 ($45.51) on Tuesday. Renishaw has a one year low of GBX 3,238 ($40.11) and a one year high of GBX 4,296 ($53.21). The company has a debt-to-equity ratio of 1.82, a current ratio of 5.53 and a quick ratio of 3.10. The company’s 50 day simple moving average is GBX 3,729.26 and its 200-day simple moving average is GBX 3,831.81. The stock has a market capitalization of £2.67 billion, a P/E ratio of 2,297.49, a price-to-earnings-growth ratio of 3.73 and a beta of 0.73.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 3,270 ($40.51) target price on shares of Renishaw in a report on Monday, June 12th.

Renishaw Company Profile

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services metrology and healthcare products worldwide. The company offers co-ordinate measuring machine (CMM) products, machine tool probe and software, performance measurement systems, gauging systems, fixtures, and styli for touch probe systems; interferometric laser, magnetic, and optical encoders; additive manufacturing systems; plastics and metal vacuum casting machines; and mapping sensors.