CRH plc (NYSE:CRH) Declares Dividend Increase – $0.35 Per Share

CRH plc (NYSE:CRHGet Free Report) declared a Variable dividend on Friday, May 10th, NASDAQ reports. Shareholders of record on Friday, May 24th will be given a dividend of 0.35 per share by the construction company on Wednesday, June 26th. This represents a yield of 1.7%. The ex-dividend date is Thursday, May 23rd. This is a boost from CRH’s previous Variable dividend of $0.23.

CRH Trading Down 0.1 %

CRH stock opened at $81.06 on Wednesday. CRH has a twelve month low of $47.14 and a twelve month high of $88.00. The firm’s fifty day simple moving average is $82.35 and its two-hundred day simple moving average is $74.02.

CRH (NYSE:CRHGet Free Report) last posted its quarterly earnings data on Friday, May 10th. The construction company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The firm had revenue of $6.53 billion for the quarter, compared to the consensus estimate of $6.60 billion. Analysts anticipate that CRH will post 5.36 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on CRH shares. Jefferies Financial Group boosted their price objective on shares of CRH from $89.70 to $100.00 and gave the company a “buy” rating in a research report on Monday, March 4th. Stifel Nicolaus reiterated a “hold” rating and set a $82.00 price objective (up previously from $80.00) on shares of CRH in a research report on Monday, April 15th. StockNews.com cut shares of CRH from a “strong-buy” rating to a “buy” rating in a report on Monday, May 13th. Vertical Research started coverage on shares of CRH in a report on Friday, March 22nd. They issued a “buy” rating and a $105.00 price target on the stock. Finally, Citigroup upped their price target on shares of CRH from $101.00 to $106.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $83.28.

Get Our Latest Research Report on CRH

About CRH

(Get Free Report)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

Read More

Dividend History for CRH (NYSE:CRH)

Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.