Marks and Spencer Group Plc (LON:MKS) declared a dividend on Tuesday, November 8th. Stockholders of record on Thursday, November 17th will be paid a dividend of GBX 6.80 ($0.08) per share by the retailer on Friday, January 13th. This represents a dividend yield of 2.05%. The ex-dividend date is Thursday, November 17th. The official announcement can be viewed at this link.

Marks and Spencer Group Plc (LON:MKS) opened at 327.20 on Friday. The stock has a 50 day moving average of GBX 330.62 and a 200-day moving average of GBX 350.14. The stock’s market cap is GBX 5.31 billion. Marks and Spencer Group Plc has a 12 month low of GBX 255.10 and a 12 month high of GBX 522.62.

Dividend History for Marks and Spencer Group Plc (LON:MKS)

A number of research analysts have commented on the stock. BNP Paribas upped their target price on shares of Marks and Spencer Group Plc from GBX 310 ($3.84) to GBX 320 ($3.96) and gave the company an “underperform” rating in a research report on Friday, September 9th. Goldman Sachs Group Inc. upped their target price on shares of Marks and Spencer Group Plc from GBX 280 ($3.47) to GBX 315 ($3.90) and gave the company a “sell” rating in a research report on Tuesday, September 6th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 500 ($6.19) target price on shares of Marks and Spencer Group Plc in a research report on Tuesday, September 6th. Shore Capital reaffirmed a “buy” rating on shares of Marks and Spencer Group Plc in a research report on Tuesday, September 6th. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 330 ($4.09) target price on shares of Marks and Spencer Group Plc in a research report on Tuesday. Ten equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 388.52 ($4.81).

Marks and Spencer Group Plc Company Profile

Marks and Spencer Group plc (M&S) is a retailer in the United Kingdom, with over 1,380 stores around the world. The Company is the holding company of the Marks & Spencer Group of companies. The Company operates through two segments: UK and International. The UK segment consists of the United Kingdom retail business and the United Kingdom franchise operations.

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