CML Microsystems plc (LON:CML) to Issue Dividend of GBX 5

CML Microsystems plc (LON:CML) declared a dividend on Tuesday, November 19th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 28th will be given a dividend of GBX 5 ($0.06) per share on Friday, December 13th. This represents a dividend yield of 1.95%. The ex-dividend date is Thursday, November 28th. The official announcement can be accessed at this link.

CML Microsystems Price Performance

LON CML opened at GBX 239 ($3.02) on Thursday. The firm’s fifty day simple moving average is GBX 266.55 and its two-hundred day simple moving average is GBX 309.41. The firm has a market capitalization of £39.24 million, a P/E ratio of 1,807.69 and a beta of 0.81. The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68. CML Microsystems has a 12-month low of GBX 215.15 ($2.72) and a 12-month high of GBX 450 ($5.69).

Insider Activity at CML Microsystems

In other news, insider Nigel G. Clark bought 7,310 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The shares were purchased at an average cost of GBX 271 ($3.43) per share, with a total value of £19,810.10 ($25,066.56). 43.34% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of CML Microsystems in a research report on Tuesday.

CML Microsystems Company Profile

CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.