Marks and Spencer Group plc (OTCMKTS:MAKSY) Announces Dividend of $0.03

Marks and Spencer Group plc (OTCMKTS:MAKSY) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Stockholders of record on Friday, November 29th will be paid a dividend of 0.0258 per share on Friday, January 17th. The ex-dividend date of this dividend is Friday, November 29th.

Marks and Spencer Group Price Performance

MAKSY traded down $0.55 during trading on Friday, hitting $9.76. 46,718 shares of the company traded hands, compared to its average volume of 20,619. Marks and Spencer Group has a 1 year low of $5.73 and a 1 year high of $10.69. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.55 and a current ratio of 0.86. The stock’s 50-day simple moving average is $9.89 and its two-hundred day simple moving average is $8.46.

Analyst Ratings Changes

MAKSY has been the subject of several research analyst reports. Barclays upgraded Marks and Spencer Group to a “strong-buy” rating in a report on Monday, September 16th. UBS Group raised shares of Marks and Spencer Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 23rd. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. 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.