Mears Group plc (MER) to Issue Dividend of GBX 4.75 on October 3rd

Mears Group plc (LON:MER) declared a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 12th will be given a dividend of GBX 4.75 ($0.06) per share on Thursday, October 3rd. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 12th. The official announcement can be seen at this link.

Mears Group Stock Up 0.7 %

LON MER opened at GBX 387 ($5.06) on Tuesday. The stock’s 50 day simple moving average is GBX 371.02 and its 200 day simple moving average is GBX 369.78. The company has a debt-to-equity ratio of 137.41, a current ratio of 0.87 and a quick ratio of 0.92. Mears Group has a one year low of GBX 249.82 ($3.27) and a one year high of GBX 398 ($5.20). The firm has a market cap of £354.96 million, a PE ratio of 944.27, a price-to-earnings-growth ratio of 0.68 and a beta of 1.26.

Insider Activity

In other news, insider Andrew C. M. Smith bought 99,697 shares of the stock in a transaction dated Thursday, June 20th. The stock was bought at an average cost of GBX 361 ($4.72) per share, with a total value of £359,906.17 ($470,650.15). In related news, insider Andrew C. M. Smith purchased 99,697 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were bought at an average price of GBX 361 ($4.72) per share, with a total value of £359,906.17 ($470,650.15). Also, insider Andrew C. M. Smith acquired 12,010 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average price of GBX 357 ($4.67) per share, with a total value of £42,875.70 ($56,068.65). 3.05% of the stock is currently owned by corporate insiders.

Mears Group Company Profile

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.