Mincon Group plc (LON:MCON) Announces Dividend of €0.01

Mincon Group plc (LON:MCON) declared a dividend on Monday, March 10th, DividendData.Co.Uk reports. Stockholders of record on Thursday, May 22nd will be given a dividend of €0.01 ($0.01) per share on Friday, June 13th. This represents a dividend yield of 2.49%. The ex-dividend date of this dividend is Thursday, May 22nd. The official announcement can be seen at this link.

Mincon Group Stock Up 4.2%

Shares of Mincon Group stock opened at GBX 37.52 ($0.50) on Tuesday. The business has a fifty day simple moving average of GBX 35.70 and a 200 day simple moving average of GBX 36.20. The stock has a market cap of £101.30 million, a PE ratio of 64.12 and a beta of 0.20. The company has a quick ratio of 1.07, a current ratio of 3.37 and a debt-to-equity ratio of 25.34. Mincon Group has a 12 month low of GBX 32 ($0.43) and a 12 month high of GBX 50 ($0.67).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Mincon Group in a report on Monday.

About Mincon Group

Mincon Group plc engages in the design, manufacture, sale, and servicing of rock drilling tools and associated products in Ireland, the Americas, Australasia, Europe, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; rotary drill bits; and construction and geotechnical solutions, including foundation drilling, pipe pile-walls, fore poling, well drilling, and anchoring.