Montanaro UK Smaller Companies (LON:MTU) to Issue GBX 1.22 Dividend

Montanaro UK Smaller Companies (LON:MTU) announced a dividend on Thursday, October 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 17th will be paid a dividend of GBX 1.22 ($0.02) per share on Friday, November 8th. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, October 17th. The official announcement can be accessed at this link.

Montanaro UK Smaller Companies Stock Performance

Shares of LON:MTU opened at GBX 105.50 ($1.38) on Wednesday. The company has a debt-to-equity ratio of 10.82, a quick ratio of 41.12 and a current ratio of 11.57. The firm has a market cap of £176.59 million, a PE ratio of 950.00 and a beta of 0.98. The firm’s 50 day simple moving average is GBX 106.28 and its 200-day simple moving average is GBX 106.93. Montanaro UK Smaller Companies has a one year low of GBX 83.07 ($1.08) and a one year high of GBX 113.50 ($1.48).

Insiders Place Their Bets

In other Montanaro UK Smaller Companies news, insider Barbara Powley acquired 267 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average cost of GBX 107 ($1.40) per share, with a total value of £285.69 ($373.06). Company insiders own 0.21% of the company’s stock.

Montanaro UK Smaller Companies Company Profile

Montanaro UK Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of small-cap companies operating across diversified sectors.