Smiths Group plc (OTCMKTS:SMGZY) Raises Dividend to $0.38 Per Share

Smiths Group plc (OTCMKTS:SMGZY) declared a dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Friday, October 18th will be given a dividend of 0.378 per share by the business services provider on Monday, December 2nd. The ex-dividend date of this dividend is Friday, October 18th. This is a boost from Smiths Group’s previous dividend of $0.16.

Smiths Group Trading Down 0.0 %

Smiths Group stock opened at $21.54 on Thursday. The company has a quick ratio of 1.16, a current ratio of 2.07 and a debt-to-equity ratio of 0.28. Smiths Group has a 12 month low of $18.49 and a 12 month high of $24.49. The stock’s 50 day moving average is $22.96 and its 200-day moving average is $22.05.

Wall Street Analyst Weigh In

A number of research analysts have commented on SMGZY shares. Barclays raised Smiths Group to a “hold” rating in a report on Monday, September 30th. Berenberg Bank upgraded shares of Smiths Group to a “hold” rating in a research note on Friday, August 23rd.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.