Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 25th will be paid a dividend of GBX 12.70 ($0.17) per share on Friday, May 24th. This represents a yield of 2.3%. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from Mortgage Advice Bureau’s previous dividend of $10.60. The official announcement can be seen at this link.
Mortgage Advice Bureau stock traded down GBX 24 ($0.31) during midday trading on Tuesday, hitting GBX 551 ($7.20). 436,051 shares of the company’s stock were exchanged, compared to its average volume of 34,178. Mortgage Advice Bureau has a 12 month low of GBX 470 ($6.14) and a 12 month high of GBX 740 ($9.67). The stock has a market cap of $281.59 million and a price-to-earnings ratio of 22.86.
In related news, insider Lucy Tilley acquired 56 shares of the firm’s stock in a transaction that occurred on Monday, January 14th. The stock was purchased at an average cost of GBX 528 ($6.90) per share, with a total value of £295.68 ($386.36). Also, insider Nathan James McLean Imlach acquired 282 shares of the firm’s stock in a transaction that occurred on Monday, December 31st. The stock was bought at an average cost of GBX 515 ($6.73) per share, with a total value of £1,452.30 ($1,897.69). Over the last three months, insiders have acquired 961 shares of company stock valued at $537,354.
Several research analysts have issued reports on the stock. Shore Capital reiterated a “buy” rating on shares of Mortgage Advice Bureau in a report on Tuesday, January 22nd. Numis Securities reiterated an “add” rating and set a GBX 665 ($8.69) target price on shares of Mortgage Advice Bureau in a report on Wednesday, March 13th.
Mortgage Advice Bureau Company Profile
Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. The company offers its services over the phone and face to face for customers.
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