Morses Club PLC Plans Dividend of GBX 2.60 (LON:MCL)
Morses Club PLC (LON:MCL) declared a dividend on Thursday, October 10th, Upcoming.Co.Uk reports. Investors of record on Tuesday, December 24th will be given a dividend of GBX 2.60 ($0.03) per share on Friday, January 17th. This represents a yield of 2.48%. The ex-dividend date is Tuesday, December 24th. The official announcement can be viewed at this link.
Shares of LON MCL traded down GBX 10 ($0.13) on Thursday, reaching GBX 105 ($1.37). 402,435 shares of the company’s stock traded hands, compared to its average volume of 65,298. Morses Club has a 12 month low of GBX 117 ($1.53) and a 12 month high of GBX 185.50 ($2.42). The business’s 50 day simple moving average is GBX 123.79 and its two-hundred day simple moving average is GBX 146.82. The company has a market cap of $139.86 million and a price-to-earnings ratio of 8.54. The company has a quick ratio of 8.76, a current ratio of 8.95 and a debt-to-equity ratio of 19.83.
A number of equities analysts have weighed in on MCL shares. Shore Capital reaffirmed a “hold” rating on shares of Morses Club in a research note on Thursday. Peel Hunt reaffirmed a “buy” rating and set a GBX 190 ($2.48) target price on shares of Morses Club in a research note on Thursday. FinnCap reaffirmed a “corporate” rating on shares of Morses Club in a research note on Thursday. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 190 ($2.48) target price on shares of Morses Club in a research note on Thursday.
About Morses Club
Morses Club PLC, together with its subsidiaries, provides home collected credit services in the United Kingdom. It offers small cash loans between £100 and £1000. The company offers consumer credit through a network of 98 branches and approximately 2,030 self-employed agents, as well as online channels.
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