Renishaw plc (RSW) to Issue Dividend of GBX 46 on October 31st

Renishaw plc (LON:RSW) announced a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be paid a dividend of GBX 46 ($0.60) per share on Thursday, October 31st. This represents a dividend yield of 1.26%. The ex-dividend date is Thursday, September 26th. This is an increase from Renishaw’s previous dividend of $14.00. The official announcement can be viewed at this link.

Shares of RSW stock opened at GBX 3,624 ($47.35) on Friday. The stock has a market cap of $2.64 billion and a PE ratio of 20.59. The company’s 50 day simple moving average is GBX 3,920.08. Renishaw has a 12 month low of GBX 3,510 ($45.86) and a 12 month high of GBX 5,580 ($72.91).

Renishaw (LON:RSW) last announced its quarterly earnings results on Thursday, August 1st. The company reported GBX 119.90 ($1.57) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 129.20 ($1.69) by GBX (9.30) (($0.12)).

RSW has been the topic of a number of recent research reports. Numis Securities restated a “hold” rating and set a GBX 3,600 ($47.04) price target (down from GBX 5,900 ($77.09)) on shares of Renishaw in a research note on Monday, May 20th. UBS Group restated a “sell” rating and set a GBX 3,490 ($45.60) price target (up from GBX 3,423 ($44.73)) on shares of Renishaw in a research note on Tuesday, July 9th. Morgan Stanley restated an “equal weight” rating on shares of Renishaw in a research note on Thursday, July 11th. Deutsche Bank reaffirmed a “sell” rating on shares of Renishaw in a report on Friday, July 12th. Finally, Goldman Sachs Group reaffirmed a “neutral” rating on shares of Renishaw in a report on Wednesday, July 10th. Five research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock has an average rating of “Sell” and an average price target of GBX 3,693.57 ($48.26).

About Renishaw

Renishaw plc, a metrology company, designs, manufactures, distributes, sells, and services metrology and healthcare products worldwide. The company offers metrology products, including additive manufacturing systems, co-ordinate measuring machine products, machine tool probe systems, styli for probe systems, performance testing products, gauging systems, fixtures, and position encoders.

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Dividend History for Renishaw (LON:RSW)

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