Grafton Group plc (LON:GFTU) Insider David Dillon Buys 5,000 Shares

Grafton Group plc (LON:GFTUGet Free Report) insider David Dillon purchased 5,000 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were acquired at an average price of GBX 985 ($12.98) per share, for a total transaction of £49,250 ($64,888.01).

Grafton Group Trading Up 2.0%

LON:GFTU opened at GBX 986.40 ($13.00) on Tuesday. Grafton Group plc has a 52 week low of GBX 790.90 ($10.42) and a 52 week high of GBX 1,097 ($14.45). The firm has a 50 day moving average of GBX 882.52 and a 200 day moving average of GBX 915.36. The company has a quick ratio of 1.56, a current ratio of 2.21 and a debt-to-equity ratio of 37.66. The stock has a market capitalization of £1.94 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 1.58 and a beta of 1.60.

Grafton Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 17th will be paid a GBX 26.50 ($0.35) dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a dividend yield of 3.02%. This is a positive change from Grafton Group’s previous dividend of $10.50. Grafton Group’s dividend payout ratio is presently 56.74%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,100 ($14.49) target price on shares of Grafton Group in a research report on Monday, March 10th.

View Our Latest Research Report on Grafton Group

About Grafton Group

(Get Free Report)

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.

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