Morgan Sindall Group plc (LON:MGNS) Increases Dividend to GBX 78 Per Share

Morgan Sindall Group plc (LON:MGNSGet Free Report) announced a dividend on Thursday, February 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be given a dividend of GBX 78 ($0.96) per share on Thursday, May 16th. This represents a yield of 3.52%. The ex-dividend date is Thursday, April 25th. This is an increase from Morgan Sindall Group’s previous dividend of $36.00. The official announcement can be viewed at this link.

Morgan Sindall Group Stock Down 0.8 %

LON MGNS opened at GBX 2,310.31 ($28.54) on Wednesday. The firm has a market cap of £1.07 billion, a PE ratio of 932.00, a price-to-earnings-growth ratio of -68.20 and a beta of 1.24. Morgan Sindall Group has a one year low of GBX 1,604 ($19.81) and a one year high of GBX 2,483 ($30.67). The stock’s 50 day simple moving average is GBX 2,283.03 and its 200 day simple moving average is GBX 2,160.83. The company has a debt-to-equity ratio of 25.42, a current ratio of 1.19 and a quick ratio of 0.87.

Insider Buying and Selling

In other Morgan Sindall Group news, insider Steve Crummett sold 27,541 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of GBX 2,283 ($28.20), for a total transaction of £628,761.03 ($776,631.71). 11.84% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Numis Securities increased their price target on Morgan Sindall Group from GBX 2,500 ($30.88) to GBX 3,000 ($37.06) and gave the stock a “buy” rating in a research report on Thursday, April 11th.

View Our Latest Analysis on Morgan Sindall Group

Morgan Sindall Group Company Profile

(Get Free Report)

Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through six segments: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. The Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets.

See Also

Dividend History for Morgan Sindall Group (LON:MGNS)

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