M.T.I Wireless Edge Ltd. (MWE) To Go Ex-Dividend on March 27th

M.T.I Wireless Edge Ltd. (LON:MWE) announced a dividend on Monday, March 17th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of $0.03 per share on Friday, April 11th. This represents a yield of 4.39%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 6.5% increase from M.T.I Wireless Edge’s previous dividend of $0.03. The official announcement can be accessed at this link.

M.T.I Wireless Edge Price Performance

MWE opened at GBX 54.88 ($0.71) on Tuesday. The company has a debt-to-equity ratio of 3.04, a current ratio of 2.94 and a quick ratio of 2.15. The stock has a market capitalization of £59.20 million, a P/E ratio of 13.98 and a beta of 1.03. The company’s 50 day simple moving average is GBX 54.71 and its 200-day simple moving average is GBX 48.90. M.T.I Wireless Edge has a one year low of GBX 34.50 ($0.45) and a one year high of GBX 70.90 ($0.92).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of M.T.I Wireless Edge in a research note on Monday, March 17th.

About M.T.I Wireless Edge

MTI Wireless Edge Ltd (“MTI”) is an international, specialist technology group focused on comprehensive communication and radio frequency solutions across multiple sectors and geographies, serving blue chip clients.
The Company operates through three distinct divisions:
• Antenna Division
MTI is a world leader in the design, development and production of high quality, state-of-the-art, cost-effective antenna solutions for wireless applications, supplying both military and commercial markets.