Cairn Homes plc (LON:CRN) Raises Dividend to €0.03 Per Share

Cairn Homes plc (LON:CRN) declared a dividend on Thursday, February 29th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of €0.03 ($0.03) per share on Friday, May 17th. This represents a yield of 2.15%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from Cairn Homes’s previous dividend of $0.03. The official announcement can be accessed at this link.

Cairn Homes Stock Performance

Shares of LON:CRN opened at GBX 137.80 ($1.70) on Wednesday. The company’s 50 day moving average price is GBX 132.69 and its two-hundred day moving average price is GBX 118.33. Cairn Homes has a 12-month low of GBX 87.20 ($1.08) and a 12-month high of GBX 142.32 ($1.76). The firm has a market cap of £888.67 million, a PE ratio of 1,260.00 and a beta of 1.03. The company has a quick ratio of 0.22, a current ratio of 8.88 and a debt-to-equity ratio of 23.81.

Insiders Place Their Bets

In other Cairn Homes news, insider Michael Stanley sold 128,333 shares of the stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of GBX 158 ($1.95), for a total transaction of £202,766.14 ($250,452.25). Company insiders own 16.50% of the company’s stock.

About Cairn Homes

Cairn Homes plc, a holding company, operates as a home and community builder in Ireland. The company involved in the development and sale of residential properties, as well as rental of properties. It also provides financial services. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.