Michelmersh Brick Holdings Plc (LON:MBH) to Issue GBX 1.15 Dividend

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Michelmersh Brick Holdings Plc (LON:MBH) declared a dividend on Tuesday, September 3rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 5th will be paid a dividend of GBX 1.15 ($0.02) per share on Friday, January 10th. This represents a yield of 1.24%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be seen at this link.

Shares of LON:MBH opened at GBX 106 ($1.39) on Wednesday. Michelmersh Brick has a 12 month low of GBX 73 ($0.95) and a 12 month high of GBX 114.40 ($1.49). The firm has a market capitalization of $98.03 million and a P/E ratio of 16.83. The company has a debt-to-equity ratio of 34.51, a current ratio of 2.24 and a quick ratio of 1.54. The company’s fifty day moving average price is GBX 108.20 and its 200 day moving average price is GBX 97.51.

Separately, Canaccord Genuity upped their price objective on shares of Michelmersh Brick from GBX 103 ($1.35) to GBX 104 ($1.36) and gave the company a “buy” rating in a research note on Tuesday, September 3rd.

In other news, insider Martin Warner sold 500,000 shares of the business’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of GBX 113 ($1.48), for a total value of £565,000 ($738,272.57).

About Michelmersh Brick

Michelmersh Brick Holdings Plc, through its subsidiaries, manufactures and sells bricks, tiles, and building products in the United Kingdom, Europe, and internationally. It operates through Building Materials and Landfill segments. The company offers extruded wire cut facing bricks, clay pavers, paving accessories, and special shaped products under the Blockleys brand; monotone color blends in rustic, drag wire, smooth, and sand faced textures under the Carlton brand; handmade bricks and special products under the Charnwood brand; clamp-fired stock facing bricks in various textural finishes under the Freshfield Lane brand; clay bricks, tiles, and pavers under the Michelmersh brand; and various architectural components under the Hathern Terra Cotta brand.

See Also: Momentum Indicators

Dividend History for Michelmersh Brick (LON:MBH)

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