Mondi plc to Issue Dividend of €0.47 (LON:MNDI)

Mondi plc (LON:MNDIGet Free Report) announced a dividend on Thursday, February 22nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 4th will be paid a dividend of €0.47 ($0.50) per share on Tuesday, May 14th. This represents a dividend yield of 2.89%. The ex-dividend date is Thursday, April 4th. The official announcement can be accessed at this link.

Mondi Price Performance

Shares of LON:MNDI opened at GBX 1,375 ($17.26) on Wednesday. Mondi has a fifty-two week low of GBX 1,290.95 ($16.21) and a fifty-two week high of GBX 1,719.85 ($21.59). The business has a 50-day moving average of GBX 1,380.98 and a two-hundred day moving average of GBX 1,399.98. The stock has a market capitalization of £6.06 billion, a P/E ratio of 1,402.04, a P/E/G ratio of 0.76 and a beta of 0.73. The company has a debt-to-equity ratio of 33.12, a current ratio of 2.09 and a quick ratio of 1.14.

Insiders Place Their Bets

In related news, insider Andrew King purchased 20 shares of Mondi stock in a transaction on Thursday, March 7th. The stock was bought at an average price of GBX 1,395 ($17.51) per share, with a total value of £279 ($350.24). Insiders own 1.36% of the company’s stock.

Mondi Company Profile

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Mondi plc engages in the manufacture and sale of packaging and paper products in Africa, Western Europe, Emerging Europe, North America, South America, Asia, and Australia. It operates in Corrugated Packaging, Flexible Packaging, Personal Care Components, and Uncoated Fine Paper segments. The company offers flexible packaging, bags, and pouches; personal care components; release liners; functional films; corrugated solutions; industrial bags; barrier coatings; specialty kraft and sack kraft papers; containerboards; and office and professional printing papers.

Further Reading

Dividend History for Mondi (LON:MNDI)

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