Majedie Investments (LON:MAJE) Raises Dividend to GBX 2 Per Share

Majedie Investments (LON:MAJE) announced a dividend on Tuesday, April 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 16th will be paid a dividend of GBX 2 ($0.03) per share on Friday, June 7th. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from Majedie Investments’s previous dividend of $1.90. The official announcement can be accessed at this link.

Majedie Investments Stock Up 1.5 %

Shares of Majedie Investments stock opened at GBX 245.51 ($3.08) on Tuesday. The company has a debt-to-equity ratio of 16.23, a current ratio of 5.76 and a quick ratio of 8.62. The business has a 50-day moving average of GBX 244.01 and a two-hundred day moving average of GBX 228.98. Majedie Investments has a 1 year low of GBX 179 ($2.25) and a 1 year high of GBX 254 ($3.19). The company has a market capitalization of £130.12 million, a P/E ratio of 780.65 and a beta of 0.88.

Majedie Investments Company Profile

Majedie Investments PLC is a public fund launched and managed by Majedie Asset Management Limited. The fund invests in public equity markets across the globe. Majedie Investments PLC was formed in October 1985 and is based in London, United Kingdom.