Macfarlane Group PLC Plans Dividend of GBX 0.94 (LON:MACF)

Macfarlane Group PLC (LON:MACFGet Free Report) announced a dividend on Thursday, August 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 14th will be paid a dividend of GBX 0.94 ($0.01) per share on Thursday, October 12th. This represents a yield of 0.85%. The ex-dividend date of this dividend is Thursday, September 14th. The official announcement can be viewed at this link.

Macfarlane Group Stock Performance

Shares of Macfarlane Group stock opened at GBX 112.50 ($1.41) on Wednesday. Macfarlane Group has a 52 week low of GBX 85.20 ($1.07) and a 52 week high of GBX 121 ($1.51). The company has a debt-to-equity ratio of 40.91, a quick ratio of 0.79 and a current ratio of 1.14. The stock has a market capitalization of £178.82 million, a price-to-earnings ratio of 1,120.00 and a beta of 0.86. The firm has a fifty day moving average of GBX 110.29 and a two-hundred day moving average of GBX 108.97.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Macfarlane Group in a research note on Tuesday, September 5th.

Get Our Latest Research Report on MACF

Insider Activity

In related news, insider Ivor Gray sold 65,011 shares of the stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of GBX 110 ($1.38), for a total transaction of £71,512.10 ($89,490.80). 18.37% of the stock is owned by company insiders.

About Macfarlane Group

(Get Free Report)

Macfarlane Group PLC, through its subsidiaries, engages in the design, manufacture, and distribution of protective packaging products to businesses. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials; and supplies storage and warehousing services in the United Kingdom, Ireland, and Europe.

See Also

Dividend History for Macfarlane Group (LON:MACF)

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