Manchester & London (MNL) To Go Ex-Dividend on July 4th

Manchester & London (LON:MNL) declared a dividend on Friday, May 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 4th will be paid a dividend of GBX 7 ($0.09) per share by the investment trust on Thursday, August 1st. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, July 4th. The official announcement can be viewed at this link.

Manchester & London Stock Down 2.0 %

LON MNL opened at GBX 682 ($8.67) on Friday. Manchester & London has a 52 week low of GBX 409 ($5.20) and a 52 week high of GBX 696 ($8.85). The business has a 50 day moving average price of GBX 642.94 and a 200-day moving average price of GBX 592.09. The company has a market cap of £274.10 million, a price-to-earnings ratio of 263.32 and a beta of 0.45.

Insider Activity at Manchester & London

In other Manchester & London news, insider Daren John Morris sold 6,000 shares of the company’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of GBX 663 ($8.43), for a total transaction of £39,780 ($50,559.23). 1.95% of the stock is currently owned by insiders.

About Manchester & London

Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.