Spirax Sarco Engineering ( (GB:SPX) ) has issued an announcement.
Spirax Group plc has announced a proposed final dividend of 117.5 pence per share for 2024, subject to shareholder approval, marking an increase from the previous year. This announcement reflects the company’s ongoing commitment to delivering value to its shareholders and maintaining a strong financial position. The total dividend for the year amounts to 165.0 pence per share, indicating a positive financial performance. The dividend is scheduled to be paid on 23 May 2025 to shareholders on the register by 25 April 2025, highlighting the company’s stable and promising outlook.
More about Spirax Sarco Engineering
Spirax Group, formerly known as Spirax-Sarco Engineering, is a key player in the industrial transition to net zero, focusing on creating sustainable value through thermal energy and fluid technology solutions. The company offers solutions that enhance operating efficiency and safety in industrial processes, with a strong emphasis on decarbonization. Spirax Group operates three main businesses: Steam Thermal Solutions, Electric Thermal Solutions, and Watson-Marlow Fluid Technology Solutions, serving diverse industries such as food, healthcare, aviation, and semiconductor manufacturing. Headquartered in Cheltenham, UK, the company has 37 manufacturing plants globally, employs 10,000 people across 66 countries, and serves 110,000 customers worldwide. Listed on the London Stock Exchange, Spirax Group is part of the FTSE 100 and FTSE4Good Indexes.
YTD Price Performance: -1.53%
Average Trading Volume: 203,437
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.97B
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