Miton Group PLC (LON:MGR) declared a dividend on Monday, March 18th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 11th will be given a dividend of GBX 2 ($0.03) per share on Tuesday, May 21st. This represents a dividend yield of 3.45%. The ex-dividend date of this dividend is Thursday, April 11th. This is a boost from Miton Group’s previous dividend of $1.40. The official announcement can be seen at this link.
Shares of LON MGR traded up GBX 6 ($0.08) during midday trading on Monday, reaching GBX 58 ($0.76). 1,086,847 shares of the stock traded hands, compared to its average volume of 195,388. The company has a market capitalization of $90.17 million and a P/E ratio of 14.15. Miton Group has a one year low of GBX 38.42 ($0.50) and a one year high of GBX 76.20 ($1.00).
A number of brokerages recently issued reports on MGR. Peel Hunt restated an “add” rating on shares of Miton Group in a research report on Monday. Liberum Capital raised their price target on Miton Group from GBX 63 ($0.82) to GBX 69 ($0.90) and gave the stock a “buy” rating in a research report on Monday.
Miton Group Company Profile
Miton Group plc provides fund management services in the United Kingdom. It trades its funds under the MAM, MAM Funds, Midas Capital Partners, and Miton Asset Management fund brand names. The company was formerly known as Midas Capital lc and changed its name to MAM Funds plc in July 2010. Miton Group plc was founded in 2001 and is based in London, United Kingdom.
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