Premier Miton Group (LON:PMI) Trading Up 10.6% Following Dividend Announcement

Premier Miton Group plc (LON:PMI)’s share price rose 10.6% during mid-day trading on Wednesday following a dividend announcement from the company. The company traded as high as GBX 60.85 ($0.78) and last traded at GBX 60.85 ($0.78). Approximately 218,815 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 336,116 shares. The stock had previously closed at GBX 55 ($0.70).

The newly announced dividend which will be paid on Friday, February 14th. Investors of record on Thursday, January 16th will be paid a GBX 3 ($0.04) dividend. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 5.45%. Premier Miton Group’s payout ratio is presently 60,000.00%.

Premier Miton Group Price Performance

The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.21 and a current ratio of 1.24. The business has a 50-day simple moving average of GBX 59.07 and a 200 day simple moving average of GBX 67.02. The firm has a market cap of £96.19 million, a P/E ratio of 6,220.00 and a beta of 1.22.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.