Renewi PLC (LON:RWI) announced a dividend on Thursday, May 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 28th will be paid a dividend of GBX 2.10 ($0.03) per share on Friday, July 27th. This represents a dividend yield of 2.71%. The ex-dividend date is Thursday, June 28th. This is a positive change from Renewi’s previous dividend of $0.95. The official announcement can be accessed at this link.
LON:RWI opened at GBX 78 ($1.04) on Friday. Renewi has a 1-year low of GBX 78.25 ($1.04) and a 1-year high of GBX 109 ($1.45).
Renewi (LON:RWI) last released its quarterly earnings results on Thursday, May 24th. The company reported GBX 4.80 ($0.06) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of GBX 4.80 ($0.06). Renewi had a net margin of 1.95% and a return on equity of 7.11%.
In other news, insider Peter Dilnot sold 80,183 shares of the business’s stock in a transaction that occurred on Thursday, May 31st. The stock was sold at an average price of GBX 77 ($1.03), for a total value of £61,740.91 ($82,200.65). Also, insider Toby Woolrych bought 7,838 shares of the company’s stock in a transaction dated Thursday, May 24th. The stock was bought at an average cost of GBX 76 ($1.01) per share, for a total transaction of £5,956.88 ($7,930.87).
RWI has been the topic of a number of recent analyst reports. Peel Hunt reiterated a “buy” rating on shares of Renewi in a research report on Friday, June 22nd. Kepler Capital Markets started coverage on Renewi in a research note on Wednesday, June 6th. They issued a “buy” rating and a GBX 99 ($1.32) target price for the company. Finally, Numis Securities started coverage on Renewi in a research report on Friday, May 25th. They set a “buy” rating and a GBX 105 ($1.40) price objective for the company. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Renewi presently has an average rating of “Buy” and an average target price of GBX 102 ($1.36).
Renewi Company Profile
Renewi plc provides waste-to-product services in the Netherlands, Belgium, the United Kingdom, Germany, France, Portugal, Canada, Hungary, and Luxembourg. The company operates through Commercial Waste, Hazardous Waste, Municipal, and Van Gansewinkel Groep segments. It is involved in the collection and treatment of commercial waste; industrial cleaning and treatment of hazardous waste; and operation of waste management facilities under long-term municipal contracts, as well as waste recycling activities.
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