Majedie Investments to Issue Dividend of GBX 2 (LON:MAJE)

Majedie Investments (LON:MAJE) declared a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be paid a dividend of GBX 2 ($0.03) per share on Friday, September 6th. This represents a dividend yield of 0.86%. The ex-dividend date is Thursday, August 15th. The official announcement can be viewed at this link.

Majedie Investments Stock Up 2.8 %

Shares of LON MAJE opened at GBX 238.50 ($3.07) on Wednesday. The firm has a market capitalization of £126.41 million, a PE ratio of 769.35 and a beta of 0.88. The company has a current ratio of 5.76, a quick ratio of 8.62 and a debt-to-equity ratio of 16.23. Majedie Investments has a 1 year low of GBX 179 ($2.30) and a 1 year high of GBX 254 ($3.27). The firm’s 50-day moving average is GBX 239.59 and its 200-day moving average is GBX 239.60.

Insider Activity

In other news, insider J M. William Barlow sold 750,000 shares of the firm’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of GBX 240 ($3.09), for a total value of £1,800,000 ($2,315,410.34). In related news, insider J M. William Barlow sold 750,000 shares of the stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of GBX 240 ($3.09), for a total value of £1,800,000 ($2,315,410.34). Also, insider Heinrich Merz purchased 41,416 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was purchased at an average price of GBX 241 ($3.10) per share, for a total transaction of £99,812.56 ($128,392.80). Insiders own 58.43% of the company’s stock.

About Majedie Investments

Majedie Investments PLC is a public fund launched and managed by Majedie Asset Management Limited. The fund invests in public equity markets across the globe. Majedie Investments PLC was formed in October 1985 and is based in London, United Kingdom.