CML Microsystems plc to Issue Dividend of GBX 5 (LON:CML)

Posted by Kyle Jackson on Nov 19th, 2024

CML Microsystems plc (LON:CML – Get Free Report) declared a dividend on Tuesday, November 19th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 5 ($0.06) per share on Friday, December 13th. This represents a dividend yield of 1.95%. The ex-dividend date is Thursday, November 28th. The official announcement can be viewed at this link.

CML Microsystems Price Performance

Shares of CML stock traded down GBX 26.55 ($0.34) on Tuesday, reaching GBX 229.46 ($2.91). The company’s stock had a trading volume of 156,700 shares, compared to its average volume of 21,831. The stock’s fifty day simple moving average is GBX 268.36 and its 200-day simple moving average is GBX 311.63. CML Microsystems has a 1 year low of GBX 215.15 ($2.73) and a 1 year high of GBX 450 ($5.70). The company has a current ratio of 3.63, a quick ratio of 6.38 and a debt-to-equity ratio of 1.68. The company has a market capitalization of £37.68 million, a price-to-earnings ratio of 1,992.31 and a beta of 0.81.

Insiders Place Their Bets

In other CML Microsystems news, insider Nigel G. Clark bought 7,310 shares of CML Microsystems stock in a transaction on Wednesday, September 25th. The shares were acquired at an average price of GBX 271 ($3.44) per share, for a total transaction of £19,810.10 ($25,111.04). 43.34% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of CML Microsystems in a research report on Wednesday, August 14th.

Read Our Latest Stock Report on CML Microsystems

CML Microsystems Company Profile

(Get Free Report)

CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.