M.P. Evans Group PLC (LON:MPE) Plans Dividend Increase – GBX 32.50 Per Share

M.P. Evans Group PLC (LON:MPE) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be paid a dividend of GBX 32.50 ($0.40) per share on Wednesday, June 19th. This represents a yield of 4.33%. The ex-dividend date is Thursday, April 25th. This is a positive change from M.P. Evans Group’s previous dividend of $12.50. The official announcement can be accessed at this link.

M.P. Evans Group Stock Performance

Shares of MPE stock opened at GBX 844.29 ($10.43) on Wednesday. The stock has a fifty day moving average price of GBX 792.07 and a 200 day moving average price of GBX 757.87. The stock has a market cap of £448.91 million, a PE ratio of 1,101.30 and a beta of 0.67. M.P. Evans Group has a 1 year low of GBX 652 ($8.05) and a 1 year high of GBX 886 ($10.94). The company has a debt-to-equity ratio of 10.77, a quick ratio of 1.91 and a current ratio of 1.83.

Insider Buying and Selling

In other news, insider Matthew Coulson sold 4,649 shares of the business’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of GBX 808 ($9.98), for a total value of £37,563.92 ($46,398.12). 50.91% of the stock is currently owned by insiders.

M.P. Evans Group Company Profile

M.P. Evans Group PLC, through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia. The company operates through Plantation Indonesia, Property Malaysia, and Other segments. It produces and sells crude palm oil and palm kernels. The company is also involved in the property development; and oil-palm fresh fruit bunches production businesses, as well as provision of agronomic and management consultancy services.