Macfarlane Group PLC (MACF) to Issue Dividend of GBX 2.70 on June 13th

Macfarlane Group PLC (LON:MACFGet Free Report) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 15th will be paid a dividend of GBX 2.70 ($0.04) per share on Friday, June 13th. This represents a dividend yield of 2.62%. The ex-dividend date is Thursday, May 15th. This is a 181.3% increase from Macfarlane Group’s previous dividend of $0.96. The official announcement can be viewed at this link.

Macfarlane Group Price Performance

LON MACF traded down GBX 0.50 ($0.01) during trading hours on Tuesday, hitting GBX 103 ($1.36). 734,708 shares of the company’s stock traded hands, compared to its average volume of 359,998. Macfarlane Group has a 52-week low of GBX 93.20 ($1.23) and a 52-week high of GBX 131 ($1.73). The company has a debt-to-equity ratio of 44.58, a current ratio of 1.20 and a quick ratio of 0.79. The company has a market capitalization of £162.85 million, a PE ratio of 11.04 and a beta of 0.68. The firm’s 50-day moving average is GBX 101.27 and its 200-day moving average is GBX 105.84.

Macfarlane Group (LON:MACFGet Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported GBX 9.76 ($0.13) earnings per share for the quarter. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%. Equities analysts forecast that Macfarlane Group will post 7.4677529 EPS for the current fiscal year.

Insider Buying and Selling at Macfarlane Group

In related news, insider Ivor Gray sold 15,397 shares of Macfarlane Group stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 104 ($1.37), for a total value of £16,012.88 ($21,097.34). 13.19% of the stock is currently owned by corporate insiders.

Macfarlane Group Company Profile

(Get Free Report)

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.

Further Reading

Dividend History for Macfarlane Group (LON:MACF)

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