Stefan Borgas Sells 9,464 Shares of RHI Magnesita (LON:RHIM) Stock

RHI Magnesita (LON:RHIM) insider Stefan Borgas sold 9,464 shares of the company’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of GBX 3,235 ($41.87), for a total value of £306,160.40 ($396,272.84).

RHI Magnesita Trading Down 1.5 %

RHIM opened at GBX 3,180 ($41.16) on Friday. The business has a fifty day moving average price of GBX 3,507.74 and a 200 day moving average price of GBX 3,330.31. The company has a debt-to-equity ratio of 152.96, a current ratio of 1.91 and a quick ratio of 0.93. RHI Magnesita has a 12 month low of GBX 3,010 ($38.96) and a 12 month high of GBX 3,885 ($50.28). The stock has a market capitalization of £1.81 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 2.03 and a beta of 1.53.

RHI Magnesita Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 22nd will be given a dividend of €1.20 ($1.30) per share. The ex-dividend date is Thursday, May 22nd. This is an increase from RHI Magnesita’s previous dividend of $0.60. This represents a dividend yield of 3%. RHI Magnesita’s payout ratio is currently 48.91%.

RHI Magnesita Company Profile

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.