Midwich Group plc (LON:MIDW) Plans Dividend of GBX 7.80

Midwich Group plc (LON:MIDWGet Rating) announced a dividend on Tuesday, March 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 5th will be given a dividend of GBX 7.80 ($0.10) per share on Friday, June 17th. This represents a yield of 1.58%. The ex-dividend date is Thursday, May 5th. This is an increase from Midwich Group’s previous dividend of $3.30. The official announcement can be viewed at this link.

Shares of MIDW opened at GBX 650 ($8.12) on Tuesday. The company has a market capitalization of £576.78 million and a price-to-earnings ratio of 45.83. Midwich Group has a twelve month low of GBX 440 ($5.50) and a twelve month high of GBX 839.20 ($10.48). The company has a debt-to-equity ratio of 82.57, a quick ratio of 0.70 and a current ratio of 1.45. The firm has a 50 day moving average of GBX 604.28.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 780 ($9.74) price objective on shares of Midwich Group in a report on Wednesday, March 23rd.

Midwich Group Company Profile (Get Rating)

Midwich Group plc, together with its subsidiaries, engages in the distribution of audio visual (AV) solutions to the trade customers in the United Kingdom, Ireland, Europe, the Middle East, Africa, Asia Pacific, and North America. Its products support various AV categories, such as displays, projectors, audio, video, and digital signage, as well as lighting and unified communications.

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Dividend History for Midwich Group (LON:MIDW)

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