Halfords Group (LON:HFD) Trading 9.3% Higher After Dividend Announcement

Halfords Group plc (LON:HFD)’s share price was up 9.3% during mid-day trading on Tuesday after the company announced a dividend. The stock traded as high as GBX 142.60 ($1.81) and last traded at GBX 141.20 ($1.79). Approximately 3,269,664 shares were traded during trading, an increase of 286% from the average daily volume of 848,006 shares. The stock had previously closed at GBX 129.20 ($1.64).

The newly announced dividend which will be paid on Friday, January 17th. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 2.32%. The ex-dividend date is Thursday, December 12th. Halfords Group’s dividend payout ratio (DPR) is presently 6,153.85%.

Halfords Group Stock Down 0.3 %

The stock has a market capitalization of £318.91 million, a P/E ratio of 1,124.62, a PEG ratio of 2.80 and a beta of 1.62. The stock has a 50 day moving average price of GBX 149.50 and a 200-day moving average price of GBX 147.33. The company has a debt-to-equity ratio of 59.34, a current ratio of 0.91 and a quick ratio of 0.41.

About Halfords Group

Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom and the Republic of Ireland. The company operates through two segments, Retail and Car Servicing. The Retail segment is involved in the retail of automotive, leisure, cycling products and accessories, auto parts, and accessories through its stores and online.