CMC Markets Plc (LON:CMCX) announced a dividend on Thursday, November 23rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 30th will be given a dividend of GBX 2.98 ($0.04) per share on Friday, December 22nd. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, November 30th. The official announcement can be seen at this link.

CMC Markets (LON CMCX) traded down GBX 1.50 ($0.02) during midday trading on Wednesday, hitting GBX 173 ($2.32). The stock had a trading volume of 382,625 shares, compared to its average volume of 348,532. CMC Markets has a 12 month low of GBX 90.95 ($1.22) and a 12 month high of GBX 193.90 ($2.60).

A number of research analysts have commented on CMCX shares. Peel Hunt started coverage on CMC Markets in a research report on Wednesday, November 8th. They set a “buy” rating and a GBX 205 ($2.75) price target for the company. Numis Securities reaffirmed a “sell” rating and set a GBX 110 ($1.47) price target on shares of CMC Markets in a research report on Thursday, November 23rd. Morgan Stanley raised CMC Markets to an “overweight” rating and upped their price target for the company from GBX 178 ($2.38) to GBX 180 ($2.41) in a research report on Friday, September 1st. Finally, Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a research report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. CMC Markets presently has an average rating of “Hold” and an average target price of GBX 190 ($2.54).

In other news, insider David Fineberg bought 22,000 shares of CMC Markets stock in a transaction on Friday, November 24th. The shares were purchased at an average price of GBX 177 ($2.37) per share, for a total transaction of £38,940 ($52,149.46). Also, insider Grant Foley bought 190 shares of CMC Markets stock in a transaction on Monday, November 6th. The shares were purchased at an average price of GBX 158 ($2.12) per share, for a total transaction of £300.20 ($402.04). Insiders have acquired a total of 22,568 shares of company stock valued at $3,983,798 in the last ninety days.

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About CMC Markets

CMC Markets plc is a holding company. The Company is a provider of online and mobile trading servicing both retail and institutional clients. The Company enables clients to trade over 10,000 financial instruments, including indices, commodities, foreign exchange (FX) and equities through its trading platform.

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