Melrose Industries PLC (MRO) to Issue Dividend of GBX 3.50 on May 8th

Melrose Industries PLC (LON:MROGet Free Report) declared a dividend on Thursday, March 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, March 28th will be paid a dividend of GBX 3.50 ($0.04) per share on Wednesday, May 8th. This represents a yield of 0.55%. The ex-dividend date is Thursday, March 28th. This is an increase from Melrose Industries’s previous dividend of $1.50. The official announcement can be viewed at this link.

Melrose Industries Stock Down 2.5 %

Melrose Industries stock opened at GBX 602 ($7.64) on Friday. Melrose Industries has a fifty-two week low of GBX 296.49 ($3.76) and a fifty-two week high of GBX 646.80 ($8.21). The firm has a market capitalization of £7.95 billion, a price-to-earnings ratio of -30,100.00, a price-to-earnings-growth ratio of 0.49 and a beta of 1.59. The stock’s fifty day moving average is GBX 594.82 and its two-hundred day moving average is GBX 537.51. The company has a debt-to-equity ratio of 23.05, a quick ratio of 0.45 and a current ratio of 0.86.

Analyst Ratings Changes

Separately, Numis Securities reissued an “add” rating and issued a GBX 640 ($8.12) price objective on shares of Melrose Industries in a research note on Friday.

View Our Latest Analysis on Melrose Industries

Melrose Industries Company Profile

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Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms.

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Dividend History for Melrose Industries (LON:MRO)

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