Midwich Group plc (LON:MIDW) Declares Dividend of GBX 7.50

Midwich Group plc (LON:MIDW) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 22nd will be given a dividend of GBX 7.50 ($0.10) per share on Friday, July 4th. This represents a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a 36.4% increase from Midwich Group’s previous dividend of $5.50. The official announcement can be viewed at this link.

Midwich Group Trading Down 4.2 %

MIDW opened at GBX 227.90 ($2.96) on Wednesday. The business has a 50 day simple moving average of GBX 257.63 and a two-hundred day simple moving average of GBX 284.29. The firm has a market capitalization of £229.18 million, a price-to-earnings ratio of 10.13 and a beta of 0.66. The company has a debt-to-equity ratio of 105.39, a current ratio of 1.44 and a quick ratio of 0.78. Midwich Group has a one year low of GBX 225 ($2.93) and a one year high of GBX 450.13 ($5.85).

Midwich Group (LON:MIDW) last released its quarterly earnings results on Tuesday, March 18th. The company reported GBX 26.24 ($0.34) EPS for the quarter. Midwich Group had a return on equity of 12.88% and a net margin of 1.70%. Analysts predict that Midwich Group will post 36.9099991 EPS for the current year.

Midwich Group Company Profile

Bringing people together.

Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments.

Taking technology further.

The Group’s services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.