Marks and Spencer Group plc to Issue Dividend of $0.03 (OTCMKTS:MAKSY)

Marks and Spencer Group plc (OTCMKTS:MAKSY) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.0258 per share on Friday, January 17th. The ex-dividend date of this dividend is Friday, November 29th.

Marks and Spencer Group Stock Down 5.3 %

MAKSY stock traded down $0.55 during trading on Friday, hitting $9.76. The company had a trading volume of 46,718 shares, compared to its average volume of 20,619. Marks and Spencer Group has a 52-week low of $5.73 and a 52-week high of $10.69. The company has a 50 day simple moving average of $9.89 and a 200-day simple moving average of $8.46. The company has a current ratio of 0.86, a quick ratio of 0.55 and a debt-to-equity ratio of 1.02.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Barclays raised Marks and Spencer Group to a “strong-buy” rating in a research report on Monday, September 16th. UBS Group upgraded shares of Marks and Spencer Group from a “hold” rating to a “strong-buy” rating in a report on Monday, September 23rd. One analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Marks and Spencer Group presently has a consensus rating of “Buy”.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.