Mondi plc (LON:MNDI) Insider Philip Yea Purchases 5,000 Shares

Mondi plc (LON:MNDI) insider Philip Yea acquired 5,000 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was acquired at an average price of GBX 1,545 ($19.41) per share, with a total value of £77,250 ($97,035.55).

Mondi Price Performance

Shares of Mondi stock opened at GBX 1,563.50 ($19.64) on Friday. The business has a 50 day moving average of GBX 1,410.86 and a 200 day moving average of GBX 1,413.88. Mondi plc has a 52 week low of GBX 1,290.95 ($16.22) and a 52 week high of GBX 1,719.85 ($21.60). The company has a market cap of £6.89 billion, a PE ratio of 1,611.86, a P/E/G ratio of 0.76 and a beta of 0.73. The company has a quick ratio of 1.14, a current ratio of 2.09 and a debt-to-equity ratio of 33.19.

Mondi Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Thursday, April 4th will be issued a €0.47 ($0.50) dividend. The ex-dividend date of this dividend is Thursday, April 4th. This represents a yield of 2.89%. Mondi’s dividend payout ratio (DPR) is presently 6,391.75%.

About Mondi

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.