Somero Enterprises, Inc. (SOM) Announces GBX 0.03 Dividend

Somero Enterprises, Inc. (LON:SOM) announced a dividend on Tuesday, September 6th. Shareholders of record on Thursday, September 29th will be paid a dividend of GBX 0.03 ($0.00) per share on Wednesday, October 19th. This represents a dividend yield of 1.04%. The ex-dividend date is Thursday, September 29th. The official announcement can be seen at this link.

Shares of Somero Enterprises (LON:SOM) opened at 184.50 on Friday. The firm’s 50 day moving average is GBX 167.01 and its 200-day moving average is GBX 158.63. Somero Enterprises has a one year low of GBX 115.60 and a one year high of GBX 190.00. The firm’s market capitalization is GBX 103.69 million.

SOM has been the topic of a number of research reports. Canaccord Genuity restated a “buy” rating and issued a GBX 190 ($2.48) price objective on shares of Somero Enterprises in a report on Monday, June 6th. FinnCap restated a “corporate” rating on shares of Somero Enterprises in a report on Tuesday, July 12th.

About Somero Enterprises

Somero Enterprises, Inc is a manufacturer of laser-guided equipment. The Company’s equipment automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, such as paved parking lots in North America. The Company’s products include S-22E, S-15R, S-15M, STS-11M, S-840, S-485, CopperHead XD 3.0, Mini Screed C, PowerRake 3.0, 3-D Profiler and SiteShape.

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