Mobility Global, Inc. (MBGL) To Go Ex-Dividend on November 30th

Mobility Global, Inc. (NYSE:MBGL) announced a quarterly dividend on Wednesday, October 21st. Investors of record on Monday, November 30th will be given a dividend of $0.06 per share on Monday, December 14th. This represents a $0.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, November 30th.

Mobility Global Stock Up 4.1%

NYSE:MBGL opened at $19.29 on Friday. Mobility Global has a twelve month low of $16.95 and a twelve month high of $26.00. The business’s 50 day moving average is $19.22. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.20.

Mobility Global (NYSE:MBGL) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $468.00 million for the quarter. Sell-side analysts anticipate that Mobility Global will post 1.52 EPS for the current fiscal year.

Insider Activity at Mobility Global

In other Mobility Global news, Director Mark Peek bought 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average cost of $19.50 per share, with a total value of $487,500.00. Following the acquisition, the director owned 35,000 shares of the company’s stock, valued at $682,500. The trade was a 250.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders purchased 50,000 shares of company stock worth $980,550.

Institutional Investors Weigh In On Mobility Global

Several hedge funds have recently added to or reduced their stakes in MBGL. Farmers & Merchants Investments Inc. bought a new position in Mobility Global during the third quarter worth $42,000. Fifth Third Wealth Advisors LLC bought a new position in shares of Mobility Global in the third quarter valued at about $202,000. Sterling Capital Management LLC bought a new position in shares of Mobility Global in the third quarter valued at about $26,000. Yousif Capital Management LLC bought a new position in shares of Mobility Global in the third quarter valued at about $1,358,000. Finally, Bretton Capital Management LLC acquired a new stake in shares of Mobility Global during the 3rd quarter worth about $159,000.

About Mobility Global

Mobility Global Inc providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan, supporting automotive manufacturers, suppliers, dealer groups, media, financial institutions and consumers. Mobility Global Inc is based in NEW YORK.