Michelmersh Brick Holdings plc (LON:MBH) to Issue Dividend of GBX 1.60

Michelmersh Brick Holdings plc (LON:MBH) declared a dividend on Tuesday, September 3rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 1.60 ($0.02) per share on Thursday, January 9th. This represents a yield of 1.54%. The ex-dividend date of this dividend is Thursday, November 28th. The official announcement can be viewed at this link.

Michelmersh Brick Trading Down 0.2 %

LON MBH opened at GBX 98.33 ($1.29) on Wednesday. The firm’s 50-day moving average is GBX 99.51 and its two-hundred day moving average is GBX 98.81. Michelmersh Brick has a 12 month low of GBX 75 ($0.99) and a 12 month high of GBX 108 ($1.42). The company has a debt-to-equity ratio of 1.55, a current ratio of 2.44 and a quick ratio of 1.56. The stock has a market capitalization of £92.12 million, a P/E ratio of 985.00 and a beta of 1.04.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 180 ($2.37) target price on shares of Michelmersh Brick in a research report on Thursday, May 16th. Berenberg Bank decreased their target price on shares of Michelmersh Brick from GBX 180 ($2.37) to GBX 170 ($2.24) and set a “buy” rating on the stock in a research report on Tuesday.

Michelmersh Brick Company Profile

Michelmersh Brick Holdings plc, together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe. The company offers extruded wirecut facing bricks, clay pavers, paving accessories, and special shaped products under the Blockleys brand; monotone colour blends in rustic, dragwire, smooth, and sand faced textures under the Carlton brand; prefabricated brick components under the FabSpeed brand; various bricks under the Floren.be brand; and clamp-fired stock facing bricks in various colours and textural finishes under the Freshfield Lane brand.