CMC Markets Plc (LON:CMCX) Increases Dividend to GBX 17.60 Per Share

CMC Markets Plc (LON:CMCX) declared a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 17.60 ($0.23) per share on Tuesday, April 1st. This represents a yield of 2.12%. The ex-dividend date is Thursday, March 27th. This is a 467.7% increase from CMC Markets’s previous dividend of $3.10. The official announcement can be accessed at this link.

CMC Markets Stock Performance

Shares of LON:CMCX traded up GBX 1.67 ($0.02) during trading on Tuesday, hitting GBX 215.17 ($2.78). The company’s stock had a trading volume of 330,319 shares, compared to its average volume of 781,373. The company has a debt-to-equity ratio of 4.19, a current ratio of 2.18 and a quick ratio of 2.47. The firm has a market cap of £597.85 million, a price-to-earnings ratio of 1.82 and a beta of 0.51. The company has a 50-day moving average of GBX 222.19 and a 200-day moving average of GBX 268.37. CMC Markets has a 12 month low of GBX 184.80 ($2.39) and a 12 month high of GBX 349 ($4.51).

Insider Activity at CMC Markets

In related news, insider David Fineberg purchased 124 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was bought at an average cost of GBX 242 ($3.13) per share, for a total transaction of £300.08 ($387.75). Over the last three months, insiders bought 149,350 shares of company stock valued at $32,114,482. Insiders own 64.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “hold” rating on shares of CMC Markets in a research note on Thursday, January 23rd.

CMC Markets Company Profile

CMC is a leading global provider of online trading and investing, with a comprehensive retail, professional and institutional offering.
The business was started in 1989 with a simple ethos: to make financial markets truly accessible for investors. We are proud of our strong heritage and our successful 30-year track record as an innovator at the forefront of enabling digital trading for our clients.