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CRH plc (NYSE:CRH) Announces $0.26 Variable Dividend


CRH plc (NYSE:CRH) Announces $0.26 Variable Dividend

CRH plc (NYSE:CRH - Get Free Report) declared a Variable dividend on Thursday, November 7th,Zacks Dividends reports. Investors of record on Friday, November 22nd will be given a dividend of 0.262 per share by the construction company on Wednesday, December 18th. The ex-dividend date of this dividend is Friday, November 22nd.

Shares of CRH traded up $0.38 during trading hours on Friday, hitting $101.04. The company had a trading volume of 795,656 shares, compared to its average volume of 4,886,055. CRH has a 52-week low of $58.12 and a 52-week high of $102.45. The stock's 50 day moving average price is $91.00 and its 200 day moving average price is $83.83.

CRH (NYSE:CRH - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The construction company reported $1.85 EPS for the quarter, meeting analysts' consensus estimates of $1.85. The business had revenue of $9.65 billion for the quarter, compared to the consensus estimate of $10.16 billion. On average, equities analysts expect that CRH will post 5.45 EPS for the current year.

A number of research analysts have recently commented on the company. Truist Financial raised their target price on CRH from $110.00 to $120.00 and gave the company a "buy" rating in a research note on Friday. DA Davidson upped their target price on shares of CRH from $100.00 to $110.00 and gave the stock a "buy" rating in a research report on Friday, August 9th. Citigroup lowered their price target on shares of CRH from $109.00 to $99.00 and set a "buy" rating for the company in a research report on Thursday, July 11th. Barclays initiated coverage on shares of CRH in a report on Tuesday, October 29th. They issued an "overweight" rating and a $110.00 price objective on the stock. Finally, StockNews.com cut CRH from a "buy" rating to a "hold" rating in a research report on Friday, August 16th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $101.90.

Read Our Latest Stock Report on CRH

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.

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