Morgan Sindall Group plc (LON:MGNS – Get Rating) declared a dividend on Thursday, February 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 28th will be paid a dividend of GBX 62 ($0.79) per share on Wednesday, May 18th. This represents a dividend yield of 2.96%. The ex-dividend date of this dividend is Thursday, April 28th. This is a boost from Morgan Sindall Group’s previous dividend of $30.00. The official announcement can be seen at this link.
Shares of MGNS opened at GBX 2,325 ($29.63) on Tuesday. The firm has a market capitalization of £1.08 billion and a price-to-earnings ratio of 11.40. The company has a debt-to-equity ratio of 34.46, a quick ratio of 0.91 and a current ratio of 1.18. Morgan Sindall Group has a one year low of GBX 1,978 ($25.21) and a one year high of GBX 2,730 ($34.79). The stock’s fifty day moving average is GBX 2,310.99 and its 200-day moving average is GBX 2,330.62.
Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 2,700 ($34.41) target price on shares of Morgan Sindall Group in a report on Friday, February 11th.
About Morgan Sindall Group (Get Rating)
Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. It operates through five segments: Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration divisions. The Construction & Infrastructure segment provides infrastructure services to highways, rail, energy, water, and nuclear markets; and construction services in education, healthcare, commercial, defense, industrial, leisure, and retail markets.
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