Brooks Macdonald Group plc (LON:BRK) Plans Dividend Increase – GBX 49 Per Share

Brooks Macdonald Group plc (LON:BRK) announced a dividend on Thursday, September 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 19th will be paid a dividend of GBX 49 ($0.64) per share on Friday, November 1st. This represents a yield of 2.59%. The ex-dividend date of this dividend is Thursday, September 19th. This is a boost from Brooks Macdonald Group’s previous dividend of $29.00. The official announcement can be seen at this link.

Brooks Macdonald Group Price Performance

Shares of LON:BRK opened at GBX 1,880.20 ($24.59) on Friday. Brooks Macdonald Group has a one year low of GBX 1,425.90 ($18.65) and a one year high of GBX 2,150 ($28.12). The stock has a market capitalization of £300.27 million, a price-to-earnings ratio of 4,823.08, a PEG ratio of 0.85 and a beta of 0.80. The company has a 50-day simple moving average of GBX 1,993.30 and a 200-day simple moving average of GBX 1,917.87. The company has a debt-to-equity ratio of 3.16, a quick ratio of 2.43 and a current ratio of 3.60.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of Brooks Macdonald Group in a research report on Wednesday, July 17th.

Brooks Macdonald Group Company Profile

Brooks Macdonald Group plc, through its subsidiaries, provides a range of investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the United Kingdom, Isle of Man, and the Channel Islands. It operates through two segments, UK Investment Management and International.