Mony Group Plc (MONY) to Issue Dividend of GBX 9.20 on May 16th

Mony Group Plc (LON:MONY) declared a dividend on Monday, February 17th, DividendData.Co.Uk reports. Investors of record on Thursday, April 10th will be paid a dividend of GBX 9.20 ($0.12) per share on Friday, May 16th. This represents a dividend yield of 4.45%. The ex-dividend date is Thursday, April 10th. This is a 178.8% increase from Mony Group’s previous dividend of $3.30. The official announcement can be viewed at this link.

Mony Group Price Performance

Shares of Mony Group stock opened at GBX 189.90 ($2.42) on Tuesday. The firm has a market cap of £1.01 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company’s fifty day simple moving average is GBX 197.03 and its two-hundred day simple moving average is GBX 196.38. The company has a quick ratio of 0.71, a current ratio of 0.82 and a debt-to-equity ratio of 32.86. Mony Group has a 12-month low of GBX 174 ($2.21) and a 12-month high of GBX 242.20 ($3.08).

Mony Group (LON:MONY) last released its quarterly earnings results on Monday, February 17th. The company reported GBX 17.10 ($0.22) EPS for the quarter. Mony Group had a return on equity of 34.74% and a net margin of 17.25%. As a group, equities analysts expect that Mony Group will post 19.1090909 EPS for the current year.

Insider Buying and Selling

In other Mony Group news, insider Peter Duffy sold 53,668 shares of the company’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of GBX 202 ($2.57), for a total value of £108,409.36 ($137,995.62). Also, insider Rakesh Sharma bought 5,030 shares of the firm’s stock in a transaction on Monday, February 17th. The shares were acquired at an average cost of GBX 199 ($2.53) per share, with a total value of £10,009.70 ($12,741.47). Insiders have bought a total of 5,184 shares of company stock valued at $1,030,918 over the last ninety days. Company insiders own 9.15% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their price target on shares of Mony Group from GBX 290 ($3.69) to GBX 300 ($3.82) and gave the stock a “buy” rating in a research note on Monday, February 17th.

Mony Group Company Profile

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others.