Mears Group plc (LON:MER) Declares Dividend of GBX 4.75

Mears Group plc (LON:MER) announced a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 12th will be paid a dividend of GBX 4.75 ($0.06) per share on Thursday, October 3rd. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 12th. The official announcement can be seen at this link.

Mears Group Stock Up 0.6 %

Shares of MER opened at GBX 390 ($5.10) on Wednesday. The company has a market capitalization of £357.71 million, a PE ratio of 944.70, a PEG ratio of 0.68 and a beta of 1.26. The stock’s 50-day moving average price is GBX 371.02 and its two-hundred day moving average price is GBX 369.78. The company has a current ratio of 0.87, a quick ratio of 0.92 and a debt-to-equity ratio of 137.41. Mears Group has a 12 month low of GBX 249.82 ($3.27) and a 12 month high of GBX 398 ($5.20).

Insider Activity at Mears Group

In other news, insider Andrew C. M. Smith purchased 99,697 shares of the company’s stock in a transaction dated Thursday, June 20th. The shares were purchased at an average price of GBX 361 ($4.72) per share, for a total transaction of £359,906.17 ($470,650.15). In other Mears Group news, insider Andrew C. M. Smith bought 99,697 shares of the business’s stock in a transaction that occurred on Thursday, June 20th. The shares were bought at an average price of GBX 361 ($4.72) per share, for a total transaction of £359,906.17 ($470,650.15). Also, insider Andrew C. M. Smith bought 12,010 shares of the stock in a transaction on Friday, August 9th. The stock was acquired at an average price of GBX 357 ($4.67) per share, with a total value of £42,875.70 ($56,068.65). 3.05% of the stock is currently owned by company insiders.

Mears Group Company Profile

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.