Majedie Investments plc (LON:MAJE) announced a dividend on Tuesday, December 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 11th will be paid a dividend of GBX 6.25 ($0.08) per share on Wednesday, January 24th. This represents a yield of 2.26%. The ex-dividend date is Thursday, January 11th. This is a boost from Majedie Investments’s previous dividend of $3.50. The official announcement can be seen at this link.
Shares of Majedie Investments (LON MAJE) traded up GBX 3.42 ($0.05) during midday trading on Friday, reaching GBX 301.92 ($4.04). 1,120 shares of the company’s stock traded hands, compared to its average volume of 7,408. The company has a market capitalization of $160.00 and a P/E ratio of 914.91. Majedie Investments has a twelve month low of GBX 270 ($3.61) and a twelve month high of GBX 313.50 ($4.19).
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About Majedie Investments
Majedie Investments PLC is a United Kingdom-based closed-ended investment company. The Company operates as an investment trust company and an alternative investment fund (AIF) company, which is engaged in investing activities. The Company’s investment objective is to maximize total shareholder return whilst increasing dividends by more than the rate of inflation over the long term.
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