Mortgage Advice Bureau (Holdings) plc (LON:MAB1) to Issue Dividend of GBX 14.80

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 14.80 ($0.19) per share on Tuesday, May 27th. This represents a dividend yield of 2%. The ex-dividend date is Thursday, April 24th. This is a 10.4% increase from Mortgage Advice Bureau’s previous dividend of $13.40. The official announcement can be viewed at this link.

Mortgage Advice Bureau Price Performance

Mortgage Advice Bureau stock opened at GBX 740 ($9.63) on Thursday. The firm has a market capitalization of £428.88 million, a P/E ratio of 39.46, a price-to-earnings-growth ratio of 0.81 and a beta of 1.14. Mortgage Advice Bureau has a 1-year low of GBX 528 ($6.87) and a 1-year high of GBX 984 ($12.80). The company’s 50-day moving average is GBX 749.07 and its 200 day moving average is GBX 694.64.

Mortgage Advice Bureau (LON:MAB1) last issued its quarterly earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.36) earnings per share for the quarter. Mortgage Advice Bureau had a return on equity of 15.33% and a net margin of 4.41%. Research analysts anticipate that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank started coverage on shares of Mortgage Advice Bureau in a research note on Monday, February 24th. They issued a “buy” rating and a GBX 1,150 ($14.96) price target on the stock.

Insider Buying and Selling

In other news, insider Nathan James McLean Imlach bought 300 shares of the stock in a transaction on Friday, January 31st. The stock was acquired at an average cost of GBX 730 ($9.50) per share, for a total transaction of £2,190 ($2,848.97). Insiders have bought a total of 968 shares of company stock valued at $679,542 over the last quarter. 20.02% of the stock is owned by corporate insiders.

Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.