European Dividend Aristocrat Ashtead Group (aht.lse) pays a cash dividend of £0.335 per share with an ex-dividend date of August 13th and a payable date of September 11th. Ashtead is a “fast dividend growth” stock, the average 5 years growth rate is above 25%, which is exceptional for UK dividend stocks.Year-to-date the stock is up +15%.
The diagram below displays Ashtead’s Dividend history.
Ashtead Group plc’s current dividend yield of 1.48% is -6% below its 5-year average. The 5-year average dividend yield is 1.57% (see red-line in the chart). This indicates the stock looks reasonably valued today.
About Ashtead Group
Ashtead Group PLC provides equipment rental solutions. It operates two business units Sunbelt and A-Plant and mainly offers industrial and construction equipment for rent used to lift, power, generate, move, dig, compact, drill, support, scrub, and pump.
