Marks and Spencer Group Plc (MKS) Insider Buys £4,980 in Stock
Marks and Spencer Group Plc (LON:MKS) insider Katie Bickerstaffe acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were purchased at an average cost of GBX 249 ($3.25) per share, with a total value of £4,980 ($6,507.25).
Shares of Marks and Spencer Group stock opened at GBX 243.10 ($3.18) on Friday. Marks and Spencer Group Plc has a fifty-two week low of GBX 240 ($3.14) and a fifty-two week high of GBX 316.60 ($4.14). The firm has a market capitalization of $3.94 billion and a price-to-earnings ratio of 135.06. The company has a quick ratio of 0.26, a current ratio of 0.73 and a debt-to-equity ratio of 62.77.
The firm also recently disclosed a dividend, which will be paid on Friday, July 12th. Stockholders of record on Thursday, May 30th will be paid a GBX 7.10 ($0.09) dividend. This is a boost from Marks and Spencer Group’s previous dividend of $6.80. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 2.62%. Marks and Spencer Group’s dividend payout ratio is currently 10.56%.
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About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
Further Reading: What is the return on assets (ROA) ratio?
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