RHI Magnesita (LON:RHIM) Insider Stefan Borgas Sells 5,598 Shares

RHI Magnesita (LON:RHIM) insider Stefan Borgas sold 5,598 shares of the business’s stock in a transaction dated Monday, March 31st. The stock was sold at an average price of GBX 3,065 ($39.80), for a total value of £171,578.70 ($222,800.55).

Stefan Borgas also recently made the following trade(s):

• On Thursday, March 27th, Stefan Borgas sold 9,464 shares of RHI Magnesita stock. The shares were sold at an average price of GBX 3,235 ($42.01), for a total value of £306,160.40 ($397,559.28).

RHI Magnesita Price Performance

Shares of RHI Magnesita stock opened at GBX 3,000 ($38.96) on Thursday. The company has a current ratio of 1.91, a quick ratio of 0.93 and a debt-to-equity ratio of 152.96. The firm has a fifty day simple moving average of GBX 3,481.74 and a 200-day simple moving average of GBX 3,329.14. The stock has a market capitalization of £1.70 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 2.03 and a beta of 1.53. RHI Magnesita has a 1-year low of GBX 2,925 ($37.98) and a 1-year high of GBX 3,885 ($50.45).

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 paid a €1.20 ($1.30) dividend. This is an increase from RHI Magnesita’s previous dividend of $0.60. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 3%. RHI Magnesita’s dividend payout ratio (DPR) is presently 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.