Midwich Group plc (LON:MIDW) Declares Dividend Increase – GBX 7.50 Per Share

Midwich Group plc (LON:MIDW) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of GBX 7.50 ($0.10) per share on Friday, July 4th. This represents a yield of 3.15%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a 36.4% increase from Midwich Group’s previous dividend of $5.50. The official announcement can be viewed at this link.

Midwich Group Trading Up 1.3%

Shares of MIDW stock opened at GBX 212.80 ($2.84) on Tuesday. The company’s fifty day simple moving average is GBX 199.50 and its two-hundred day simple moving average is GBX 247.38. The company has a debt-to-equity ratio of 105.39, a current ratio of 1.44 and a quick ratio of 0.78. Midwich Group has a 1 year low of GBX 164.51 ($2.20) and a 1 year high of GBX 405 ($5.41). The stock has a market capitalization of £214.00 million, a price-to-earnings ratio of 9.46 and a beta of 0.66.

Midwich Group (LON:MIDW) last issued its earnings results on Tuesday, March 18th. The company reported GBX 26.24 ($0.35) earnings per share (EPS) for the quarter. Midwich Group had a net margin of 1.70% and a return on equity of 12.88%. As a group, analysts anticipate that Midwich Group will post 36.9099991 earnings per share for the current year.

Midwich Group Company Profile

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.