Midwich Group (LON:MIDW) Posts Earnings Results

Midwich Group (LON:MIDW) released its quarterly earnings results on Tuesday. The company reported GBX 26.24 ($0.34) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Midwich Group had a return on equity of 12.88% and a net margin of 1.70%.

Midwich Group Price Performance

Shares of LON:MIDW opened at GBX 227.90 ($2.96) on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.44 and a debt-to-equity ratio of 105.39. The company has a market cap of £229.18 million, a P/E ratio of 10.13 and a beta of 0.66. Midwich Group has a 52 week low of GBX 225 ($2.93) and a 52 week high of GBX 450.13 ($5.85). The company has a 50-day moving average price of GBX 257.63 and a 200 day moving average price of GBX 284.29.

Midwich Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, May 22nd will be given a GBX 7.50 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a yield of 3.15%. This is an increase from Midwich Group’s previous dividend of $5.50. Midwich Group’s dividend payout ratio (DPR) is presently 75.59%.

Midwich Group Company Profile

Bringing people together.

Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments.

Taking technology further.

The Group’s services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.