Ashtead Group plc (OTCMKTS:ASHTY) Announces $1.44 Dividend

Ashtead Group plc (OTCMKTS:ASHTY) declared a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Friday, January 10th will be paid a dividend of 1.44 per share on Monday, February 24th. The ex-dividend date of this dividend is Friday, January 10th.

Ashtead Group Price Performance

Shares of OTCMKTS ASHTY opened at $249.30 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.17 and a quick ratio of 1.08. The stock has a market capitalization of $27.23 billion, a price-to-earnings ratio of 17.67, a PEG ratio of 1.72 and a beta of 1.69. The firm’s 50 day simple moving average is $293.83 and its 200-day simple moving average is $288.52. Ashtead Group has a 12 month low of $241.88 and a 12 month high of $337.95.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ASHTY shares. The Goldman Sachs Group lowered shares of Ashtead Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Berenberg Bank upgraded Ashtead Group to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, Royal Bank of Canada upgraded Ashtead Group from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 3rd.

About Ashtead Group

Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.