Mitie Group plc (LON:MTO) Announces Dividend of GBX 1.30

Mitie Group plc (LON:MTO) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 19th will be paid a dividend of GBX 1.30 ($0.02) per share on Tuesday, February 4th. This represents a yield of 1.17%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be viewed at this link.

Mitie Group Trading Down 0.6 %

MTO opened at GBX 109.32 ($1.39) on Tuesday. Mitie Group has a twelve month low of GBX 93 ($1.18) and a twelve month high of GBX 127 ($1.61). The firm has a market cap of £1.36 billion, a PE ratio of 1,222.22, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. The company has a debt-to-equity ratio of 67.87, a quick ratio of 0.83 and a current ratio of 0.93. The firm’s fifty day moving average is GBX 113.84 and its two-hundred day moving average is GBX 117.66.

Insiders Place Their Bets

In related news, insider Derek Mapp acquired 8,189 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were acquired at an average cost of GBX 119 ($1.51) per share, for a total transaction of £9,744.91 ($12,363.50). Also, insider Phillip Bentley bought 200,000 shares of Mitie Group stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average cost of GBX 109 ($1.38) per share, with a total value of £218,000 ($276,579.55). Over the last ninety days, insiders have acquired 208,325 shares of company stock worth $22,789,451. Corporate insiders own 5.65% of the company’s stock.

About Mitie Group

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.