Midwich Group (LON:MIDW) Releases Earnings Results

Midwich Group (LON:MIDW) posted its quarterly earnings data on Tuesday. The company reported GBX 26.24 ($0.34) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Midwich Group had a return on equity of 12.88% and a net margin of 1.70%.

Midwich Group Trading Down 1.8 %

LON MIDW opened at GBX 221 ($2.87) on Thursday. The firm’s 50 day moving average price is GBX 256.49 and its two-hundred day moving average price is GBX 283.56. The company has a debt-to-equity ratio of 105.39, a quick ratio of 0.78 and a current ratio of 1.44. Midwich Group has a twelve month low of GBX 214.30 ($2.79) and a twelve month high of GBX 450.13 ($5.86). The stock has a market cap of £222.24 million, a price-to-earnings ratio of 9.83 and a beta of 0.66.

Midwich Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, May 22nd will be given a GBX 7.50 ($0.10) dividend. This represents a dividend yield of 3.15%. The ex-dividend date is Thursday, May 22nd. This is an increase from Midwich Group’s previous dividend of $5.50. Midwich Group’s dividend payout ratio is 75.59%.

About Midwich Group

Bringing people together.

Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments.

Taking technology further.

The Group’s services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.