Balfour Beatty (OTCMKTS:BAFYY) Reaches New 52-Week High After Dividend Announcement

Balfour Beatty plc (OTCMKTS:BAFYYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as $10.48 and last traded at $10.48, with a volume of 7312 shares traded. The stock had previously closed at $9.46.

The newly announced dividend which will be paid on Thursday, July 11th. Shareholders of record on Friday, May 17th will be given a dividend of $0.1833 per share. This is a boost from Balfour Beatty’s previous dividend of $0.08. This represents a yield of 2.78%. The ex-dividend date is Thursday, May 16th.

Balfour Beatty Stock Up 10.8 %

The stock’s fifty day moving average price is $9.27 and its two-hundred day moving average price is $8.67.

Balfour Beatty Company Profile

(Get Free Report)

Balfour Beatty plc finances, designs, develops, builds, and maintains infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, and Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.

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