Motorpoint Group PLC (LON:MOTR) Raises Dividend to GBX 5 Per Share
Motorpoint Group PLC (LON:MOTR) announced a dividend on Tuesday, June 11th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be paid a dividend of GBX 5 ($0.07) per share on Friday, September 20th. This represents a yield of 2.35%. The ex-dividend date is Thursday, August 15th. This is a positive change from Motorpoint Group’s previous dividend of $2.50. The official announcement can be accessed at this link.
LON MOTR traded down GBX 4 ($0.05) during trading on Wednesday, reaching GBX 209 ($2.73). 6,142 shares of the company’s stock were exchanged, compared to its average volume of 24,268. Motorpoint Group has a fifty-two week low of GBX 170 ($2.22) and a fifty-two week high of GBX 268 ($3.50). The firm has a market capitalization of $199.63 million and a PE ratio of 11.81. The company has a current ratio of 1.18, a quick ratio of 0.23 and a debt-to-equity ratio of 255.47.
A number of equities research analysts have recently weighed in on MOTR shares. Liberum Capital reaffirmed a “buy” rating on shares of Motorpoint Group in a research note on Tuesday. Numis Securities reaffirmed a “buy” rating on shares of Motorpoint Group in a research note on Thursday, June 6th.
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Motorpoint Group Plc operates as an independent vehicle retailer in the United Kingdom. It primarily sells nearly-new vehicles and vehicles from various brands, including Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi, BMW, and Mercedes-Benz. The company operates 12 retail sites across Great Britain.
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