Marks and Spencer Group plc to Issue Dividend of GBX 1 (LON:MKS)

Marks and Spencer Group plc (LON:MKS) announced a dividend on Wednesday, November 6th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 28th will be paid a dividend of GBX 1 ($0.01) per share by the retailer on Friday, January 10th. This represents a yield of 0.26%. The ex-dividend date of this dividend is Thursday, November 28th. The official announcement can be viewed at this link.

Marks and Spencer Group Price Performance

MKS opened at GBX 382.40 ($4.81) on Wednesday. The firm has a 50-day moving average price of GBX 375.20 and a 200-day moving average price of GBX 331.74. Marks and Spencer Group has a twelve month low of GBX 229.60 ($2.89) and a twelve month high of GBX 415.30 ($5.22). The company has a quick ratio of 0.42, a current ratio of 0.86 and a debt-to-equity ratio of 110.71. The company has a market capitalization of £7.72 billion, a price-to-earnings ratio of 1,820.95, a PEG ratio of 0.20 and a beta of 1.62.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Marks and Spencer Group in a research note on Wednesday, November 13th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 327 ($4.11).

About Marks and Spencer Group

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move’ products.