M&C Saatchi Plc (SAA) Increases Dividend to GBX 8.51 Per Share
M&C Saatchi Plc (LON:SAA) declared a dividend on Wednesday, March 27th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 6th will be given a dividend of GBX 8.51 ($0.11) per share on Friday, July 5th. This represents a yield of 2.25%. The ex-dividend date of this dividend is Thursday, June 6th. This is a boost from M&C Saatchi’s previous dividend of $2.45. The official announcement can be seen at this link.
M&C Saatchi stock traded down GBX 14 ($0.18) during trading on Wednesday, hitting GBX 378 ($4.94). The stock had a trading volume of 523,102 shares, compared to its average volume of 57,593. M&C Saatchi has a 1 year low of GBX 253 ($3.31) and a 1 year high of GBX 430 ($5.62). The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 37.75. The company has a market cap of $337.30 million and a price-to-earnings ratio of 164.35.
Separately, Numis Securities reiterated a “buy” rating and issued a GBX 496 ($6.48) price objective on shares of M&C Saatchi in a research note on Wednesday.
M&C Saatchi plc provides advertising and marketing services worldwide. The company offers its services in the areas of media buying, direct marketing, talent management, mobile marketing, research agency, Website construction, branding and digital marketing, design, marketing strategy, finished art and production, management studio, marketing consultant, and sport sponsorship and entertainment PR agency.
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