Michelmersh Brick Holdings plc (LON:MBH) Insider Buys £20,000 in Stock

Michelmersh Brick Holdings plc (LON:MBH) insider Robert Fenwick bought 20,000 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The shares were bought at an average price of GBX 100 ($1.24) per share, for a total transaction of £20,000 ($24,703.56).

Michelmersh Brick Stock Performance

MBH opened at GBX 97 ($1.20) on Friday. Michelmersh Brick Holdings plc has a 52-week low of GBX 75 ($0.93) and a 52-week high of GBX 108 ($1.33). The firm has a market capitalization of £90.87 million, a PE ratio of 970.00 and a beta of 0.94. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.56 and a current ratio of 2.44. The business’s 50-day simple moving average is GBX 97.61 and its 200 day simple moving average is GBX 92.42.

Michelmersh Brick Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 10th. Shareholders of record on Thursday, June 6th will be paid a GBX 3 ($0.04) dividend. This is a positive change from Michelmersh Brick’s previous dividend of $1.50. The ex-dividend date is Thursday, June 6th. This represents a yield of 2.96%. Michelmersh Brick’s dividend payout ratio is currently 5,000.00%.

About Michelmersh Brick

Michelmersh Brick Holdings plc, together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe. The company offers extruded wirecut facing bricks, clay pavers, paving accessories, and special shaped products under the Blockleys brand; monotone colour blends in rustic, dragwire, smooth, and sand faced textures under the Carlton brand; prefabricated brick components under the FabSpeed brand; various bricks under the Floren.be brand; and clamp-fired stock facing bricks in various colours and textural finishes under the Freshfield Lane brand.