Morses Club PLC (MCL) Plans GBX 2.10 Dividend
Morses Club PLC (LON:MCL) declared a dividend on Thursday, October 6th. Shareholders of record on Thursday, October 20th will be paid a dividend of GBX 2.10 ($0.03) per share on Friday, November 18th. This represents a yield of 1.75%. The ex-dividend date of this dividend is Thursday, October 20th. The official announcement can be accessed at this link.
Shares of Morses Club PLC (LON:MCL) traded up 3.45% during trading on Thursday, reaching GBX 120.00. 92,386 shares of the company’s stock were exchanged. The company has a 50 day moving average of GBX 111.24 and a 200 day moving average of GBX 102.64. Morses Club PLC has a 52-week low of GBX 84.00 and a 52-week high of GBX 120.00. The firm’s market capitalization is GBX 155.40 million.
Several equities research analysts recently commented on MCL shares. Numis Securities Ltd downgraded shares of Morses Club PLC to an “add” rating and set a GBX 130 ($1.70) price target for the company. in a research report on Thursday, September 1st. Panmure Gordon restated a “buy” rating and issued a GBX 125 ($1.63) price target on shares of Morses Club PLC in a research report on Thursday. Finally, Beaufort Securities started coverage on shares of Morses Club PLC in a research report on Friday, September 2nd. They issued a “buy” rating and a GBX 135 ($1.76) price target for the company.
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