Cranswick plc Declares Dividend of GBX 15.10 (CWK)

Cranswick plc (LON:CWK) announced a dividend on Tuesday, November 28th, Upcoming.Co.Uk reports. Investors of record on Thursday, December 7th will be paid a dividend of GBX 15.10 ($0.20) per share on Friday, January 26th. This represents a dividend yield of 0.48%. The ex-dividend date is Thursday, December 7th. The official announcement can be accessed at this link.

Shares of Cranswick (CWK) traded down GBX 26 ($0.35) during trading on Wednesday, hitting GBX 3,070 ($41.32). The company had a trading volume of 41,491 shares, compared to its average volume of 68,734. Cranswick has a twelve month low of GBX 2,148 ($28.91) and a twelve month high of GBX 3,361 ($45.24).

Cranswick (LON:CWK) last announced its quarterly earnings data on Tuesday, November 28th. The company reported GBX 70 ($0.94) EPS for the quarter, topping analysts’ consensus estimates of GBX 67.20 ($0.90) by GBX 2.80 ($0.04). Cranswick had a return on equity of 15.21% and a net margin of 4.68%. The business had revenue of £714.60 million during the quarter.

Several research analysts have weighed in on CWK shares. Liberum Capital reiterated a “hold” rating and set a GBX 2,990 ($40.24) target price on shares of Cranswick in a report on Monday, August 21st. Berenberg Bank reiterated a “buy” rating and set a GBX 3,225 ($43.41) target price on shares of Cranswick in a report on Friday, September 15th. Whitman Howard reiterated a “hold” rating and set a GBX 2,700 ($36.34) target price on shares of Cranswick in a report on Friday, September 29th. Numis Securities upgraded Cranswick to an “add” rating and lifted their target price for the stock from GBX 2,870 ($38.63) to GBX 3,350 ($45.09) in a report on Tuesday, November 28th. Finally, Shore Capital reiterated a “house stock” rating on shares of Cranswick in a report on Tuesday, November 28th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 2,912.86 ($39.20).

In other Cranswick news, insider Mark Bottomley bought 28 shares of Cranswick stock in a transaction on Wednesday, September 20th. The shares were purchased at an average cost of GBX 2,787 ($37.51) per share, for a total transaction of £780.36 ($1,050.28).

COPYRIGHT VIOLATION WARNING: This news story was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.chaffeybreeze.com/2017/12/06/cranswick-plc-declares-dividend-of-gbx-15-10-cwk.html.

About Cranswick

Cranswick plc is a supplier of food products. The Company operates through Foods segment, which is engaged in the manufacture and supply of food products to the United Kingdom grocery retailers, the food service sector and other food producers. The Company provides a range of pork, gourmet sausages, cooked meats, cooked poultry, charcuterie, hand-cured and air-dried bacon, gourmet pastry products and sandwiches through retail, food servicing and manufacturing channels.

Dividend History for Cranswick (LON:CWK)

Receive News & Ratings for Cranswick plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cranswick plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply