Headlam Group plc (HEAD) Plans Dividend Increase – GBX 15.85 Per Share

Headlam Group plc (LON:HEAD) announced a dividend on Thursday, April 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 1st will be paid a dividend of GBX 15.85 ($0.20) per share on Monday, July 3rd. This represents a dividend yield of 2.51%. The ex-dividend date of this dividend is Thursday, June 1st. This is an increase from Headlam Group plc’s previous dividend of $8.00. The official announcement can be viewed at this link.

Shares of Headlam Group plc (LON:HEAD) traded down 4.73% during midday trading on Friday, hitting GBX 524.00. The company had a trading volume of 73,378 shares. The stock has a 50 day moving average price of GBX 609.64 and a 200 day moving average price of GBX 571.59. Headlam Group plc has a 1-year low of GBX 408.00 and a 1-year high of GBX 654.50. The firm’s market capitalization is GBX 443.41 million.

Dividend History for Headlam Group plc (LON:HEAD)

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Separately, Peel Hunt reaffirmed an “add” rating and set a GBX 650 ($8.22) price objective on shares of Headlam Group plc in a report on Thursday, May 25th.

About Headlam Group plc

Headlam Group Plc is a United Kingdom-based company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The Company’s operations are focused on providing customers, principally independent floorcovering retailers and contractors, with a range of floorcovering products supported by a next day delivery service.

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