River and Mercantile Group PLC (LON:RIV) announced a dividend on Tuesday, October 11th. Stockholders of record on Thursday, October 20th will be paid a dividend of GBX 3.40 ($0.04) per share on Friday, November 11th. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, October 20th. The official announcement can be accessed at this link.

Shares of River and Mercantile Group PLC (LON:RIV) traded up 0.67% during mid-day trading on Tuesday, hitting GBX 224.00. 5,965 shares of the stock were exchanged. The stock’s market cap is GBX 183.89 million. River and Mercantile Group PLC has a one year low of GBX 173.50 and a one year high of GBX 283.00. The company has a 50-day moving average of GBX 220.67 and a 200 day moving average of GBX 220.67.

In other River and Mercantile Group PLC news, insider Berry,Jack sold 587 shares of the company’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of GBX 225 ($2.78), for a total transaction of £1,320.75 ($1,634.59).

Several research analysts have weighed in on RIV shares. Canaccord Genuity upped their target price on shares of River and Mercantile Group PLC from GBX 240 ($2.97) to GBX 280 ($3.47) and gave the stock a “buy” rating in a research report on Friday. Numis Securities Ltd lowered shares of River and Mercantile Group PLC to a “hold” rating and set a GBX 235 ($2.91) target price on the stock. in a research report on Wednesday, October 5th.

About River and Mercantile Group PLC

River and Mercantile Group PLC, is a United Kingdom-based company engaged in advisory and asset management business with a range of services, from consulting and advisory to fully-delegated fiduciary and fund management. The Company’s services includes: Advisory Division that provides advisory services to the United Kingdom defined benefit pension schemes, the United Kingdom defined contribution schemes, the United States pension schemes and insurance firms.

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