Manchester & London (MNL) To Go Ex-Dividend on October 3rd

Manchester & London (LON:MNL) declared a dividend on Wednesday, September 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be given a dividend of GBX 7 ($0.09) per share by the investment trust on Friday, November 8th. This represents a yield of 1.07%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be accessed at this link.

Manchester & London Price Performance

LON MNL opened at GBX 654 ($8.75) on Tuesday. Manchester & London has a 1-year low of GBX 409 ($5.47) and a 1-year high of GBX 850 ($11.37). The company has a market capitalization of £262.58 million, a P/E ratio of 256.76 and a beta of 0.42. The business has a 50 day moving average price of GBX 669.56 and a 200 day moving average price of GBX 686.90.

Insider Activity at Manchester & London

In other news, insider Daniel Wright acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was purchased at an average cost of GBX 706 ($9.44) per share, with a total value of £35,300 ($47,217.76). In other news, insider Daniel Wright acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was purchased at an average cost of GBX 706 ($9.44) per share, with a total value of £35,300 ($47,217.76). Also, insider Daren John Morris bought 4,000 shares of the stock in a transaction on Thursday, July 25th. The shares were bought at an average price of GBX 696 ($9.31) per share, for a total transaction of £27,840 ($37,239.17). 2.09% of the stock is currently owned by company insiders.

About Manchester & London

Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.