Somero Enterprises, Inc. (LON:SOM) Increases Dividend to $0.13 Per Share

Somero Enterprises, Inc. (LON:SOM) declared a dividend on Tuesday, March 11th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 10th will be given a dividend of $0.13 per share on Friday, May 9th. This represents a dividend yield of 3.85%. The ex-dividend date is Thursday, April 10th. This is a 62.3% increase from Somero Enterprises’s previous dividend of $0.08. The official announcement can be seen at this link.

Somero Enterprises Stock Down 1.0 %

Shares of SOM opened at GBX 232.67 ($2.96) on Tuesday. The company has a market capitalization of £157.82 million, a price-to-earnings ratio of 6.66 and a beta of 1.01. Somero Enterprises has a 52 week low of GBX 230 ($2.93) and a 52 week high of GBX 380 ($4.84). The stock’s 50-day moving average price is GBX 270.96 and its 200-day moving average price is GBX 285.32. The company has a quick ratio of 2.00, a current ratio of 4.63 and a debt-to-equity ratio of 2.35.

About Somero Enterprises

Somero provides industry-leading concrete-levelling equipment, training, education and support to customers in over 90 countries.