Morgan Sindall Group plc (LON:MGNS) Increases Dividend to GBX 90 Per Share

Morgan Sindall Group plc (LON:MGNSGet Free Report) announced a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 90 ($1.20) per share on Thursday, May 15th. This represents a dividend yield of 3.06%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 116.9% increase from Morgan Sindall Group’s previous dividend of $41.50. The official announcement can be viewed at this link.

Morgan Sindall Group Trading Up 0.1 %

MGNS opened at GBX 3,475 ($46.50) on Tuesday. The company has a 50-day simple moving average of GBX 3,294.87 and a 200 day simple moving average of GBX 3,547.40. The stock has a market capitalization of £1.64 billion, a price-to-earnings ratio of 13.08, a P/E/G ratio of -68.20 and a beta of 1.31. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. Morgan Sindall Group has a twelve month low of GBX 2,170 ($29.04) and a twelve month high of GBX 3,970 ($53.12).

Morgan Sindall Group (LON:MGNSGet Free Report) last posted its earnings results on Wednesday, February 26th. The company reported GBX 278.80 ($3.73) EPS for the quarter. Morgan Sindall Group had a net margin of 2.82% and a return on equity of 21.60%. Analysts predict that Morgan Sindall Group will post 238.9649924 EPS for the current fiscal year.

Insider Buying and Selling at Morgan Sindall Group

In other news, insider John Christopher Morgan sold 18,262 shares of Morgan Sindall Group stock in a transaction on Friday, March 7th. The shares were sold at an average price of GBX 3,120 ($41.75), for a total value of £569,774.40 ($762,444.00). Also, insider Kelly Gangotra bought 932 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average cost of GBX 3,185 ($42.62) per share, for a total transaction of £29,684.20 ($39,721.93). Corporate insiders own 11.05% of the company’s stock.

Morgan Sindall Group Company Profile

(Get Free Report)

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.

See Also

Dividend History for Morgan Sindall Group (LON:MGNS)

Receive News & Ratings for Morgan Sindall Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Sindall Group and related companies with MarketBeat.com's FREE daily email newsletter.