Micro Focus International plc (MCRO) Announces Dividend of GBX 25.63

Micro Focus International plc (LON:MCRO) announced a dividend on Monday, January 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 18th will be paid a dividend of GBX 25.63 ($0.35) per share on Friday, February 9th. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, January 18th. The official announcement can be viewed at this link.

Shares of Micro Focus International (LON:MCRO) opened at GBX 2,278 ($30.89) on Friday. The firm has a market cap of $9,890.00 and a PE ratio of 4,556.00. Micro Focus International has a 52-week low of GBX 26.78 ($0.36) and a 52-week high of GBX 2,970.50 ($40.28).

Several analysts recently weighed in on the stock. Credit Suisse Group reiterated an “underperform” rating and issued a GBX 1,942 ($26.34) price objective on shares of Micro Focus International in a research report on Monday, November 20th. Deutsche Bank downgraded shares of Micro Focus International to a “hold” rating and set a GBX 2,800 ($37.97) price objective on the stock. in a research report on Monday, November 27th. Citigroup reiterated a “neutral” rating on shares of Micro Focus International in a research report on Friday, January 5th. Numis Securities reiterated a “buy” rating and issued a GBX 2,800 ($37.97) price objective on shares of Micro Focus International in a research report on Friday, January 5th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 2,880 ($39.06) price objective on shares of Micro Focus International in a research report on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 2,551.20 ($34.60).

In related news, insider Darren Roos purchased 3,101 shares of the company’s stock in a transaction on Wednesday, January 10th. The shares were bought at an average cost of GBX 2,257 ($30.61) per share, for a total transaction of £69,989.57 ($94,913.98).

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About Micro Focus International

Micro Focus International plc is a United Kingdom-based global software company. The Company is engaged in delivering and supporting software solutions. The Company enables customers to utilize new technology solutions while maximizing the value of their investments in information technology (IT) infrastructure and business applications.

Dividend History for Micro Focus International (LON:MCRO)

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