M&C Saatchi plc (LON:SAA – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 157.05 ($1.96) and traded as high as GBX 185.78 ($2.31). M&C Saatchi shares last traded at GBX 182 ($2.27), with a volume of 61,788 shares.
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a “not rated” rating on shares of M&C Saatchi in a research note on Wednesday, April 10th.
Read Our Latest Stock Report on SAA
M&C Saatchi Trading Up 0.6 %
M&C Saatchi Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, June 24th. Investors of record on Thursday, May 9th will be paid a GBX 1.60 ($0.02) dividend. This is a boost from M&C Saatchi’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, May 9th. This represents a dividend yield of 0.91%. M&C Saatchi’s payout ratio is currently -10,000.00%.
M&C Saatchi Company Profile
M&C Saatchi plc provides advertising and marketing services in the United Kingdom, Europe, the Middle East, Africa, Asia, Australia, and the Americas. The company was founded in 1995 and is based in London, the United Kingdom.
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