River and Mercantile Group PLC (LON:RIV) announced a dividend on Monday, September 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 22nd will be given a dividend of GBX 5.50 ($0.07) per share on Friday, December 14th. This represents a yield of 1.76%. The ex-dividend date is Thursday, November 22nd. The official announcement can be accessed at this link.

LON:RIV traded up GBX 9.60 ($0.13) during mid-day trading on Tuesday, hitting GBX 321.60 ($4.19). 17,480 shares of the company’s stock were exchanged, compared to its average volume of 21,581. River and Mercantile Group has a one year low of GBX 255.75 ($3.33) and a one year high of GBX 397 ($5.17).

In other news, insider Chris Rutt bought 3,578 shares of the firm’s stock in a transaction on Monday, July 9th. The stock was acquired at an average cost of GBX 279 ($3.63) per share, with a total value of £9,982.62 ($13,003.28). Also, insider Kevin Hayes bought 18,939 shares of the firm’s stock in a transaction on Friday, July 6th. The stock was purchased at an average cost of GBX 267 ($3.48) per share, with a total value of £50,567.13 ($65,868.35).

Several equities research analysts recently commented on RIV shares. Numis Securities reissued an “add” rating on shares of River and Mercantile Group in a research note on Monday, July 30th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 365 ($4.75) target price on shares of River and Mercantile Group in a report on Friday, July 6th.

River and Mercantile Group Company Profile

River and Mercantile Group PLC is an asset management holding company. Through its subsidiaries, the firm engages in advisory, fiduciary management, derivative solutions, and equity solutions. The firm was formerly known as River and Mercantile Group Limited. River and Mercantile Group PLC is based in London, United Kingdom.

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Dividend History for River and Mercantile Group (LON:RIV)

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