Marshalls plc (MSLH) to Issue Dividend of GBX 5.40 on July 1st

Marshalls plc (LON:MSLH) declared a dividend on Monday, March 17th, DividendData.Co.Uk reports. Stockholders of record on Thursday, June 5th will be given a dividend of GBX 5.40 ($0.07) per share on Tuesday, July 1st. This represents a dividend yield of 2.26%. The ex-dividend date is Thursday, June 5th. This is a 107.7% increase from Marshalls’s previous dividend of $2.60. The official announcement can be seen at this link.

Marshalls Price Performance

LON MSLH opened at GBX 239 ($3.11) on Wednesday. The company has a market capitalization of £601.21 million, a price-to-earnings ratio of 27.91, a PEG ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. Marshalls has a 1-year low of GBX 229 ($2.98) and a 1-year high of GBX 366 ($4.76). The stock’s 50 day moving average is GBX 250.08 and its two-hundred day moving average is GBX 297.38.

Marshalls (LON:MSLH) last issued its earnings results on Tuesday, March 18th. The company reported GBX 16 ($0.21) EPS for the quarter. Marshalls had a net margin of 3.46% and a return on equity of 3.32%. Equities analysts forecast that Marshalls will post 18.2342758 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 420 ($5.46) price objective on shares of Marshalls in a research report on Wednesday, January 22nd.

Insider Buying and Selling at Marshalls

In related news, insider Justin Lockwood bought 5,000 shares of Marshalls stock in a transaction dated Tuesday, January 21st. The stock was purchased at an average cost of GBX 232 ($3.02) per share, with a total value of £11,600 ($15,080.60). Also, insider Vanda Murray acquired 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average cost of GBX 248 ($3.22) per share, with a total value of £9,920 ($12,896.52). Insiders own 2.73% of the company’s stock.

Marshalls Company Profile

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.