Microlise Group plc (LON:SAAS) to Issue Dividend of GBX 1.24

Microlise Group plc (LON:SAASGet Free Report) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, June 5th will be given a dividend of GBX 1.24 ($0.02) per share on Friday, June 27th. This represents a dividend yield of 1.19%. The ex-dividend date is Thursday, June 5th. This is a 117.5% increase from Microlise Group’s previous dividend of $0.57. The official announcement can be viewed at this link.

Microlise Group Stock Performance

LON:SAAS opened at GBX 115 ($1.49) on Friday. The firm has a market cap of £133.17 million, a price-to-earnings ratio of 98.42 and a beta of 0.19. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.25 and a quick ratio of 1.08. Microlise Group has a 1-year low of GBX 88 ($1.14) and a 1-year high of GBX 178 ($2.30). The firm’s fifty day moving average price is GBX 108.64 and its 200 day moving average price is GBX 110.22.

Microlise Group (LON:SAASGet Free Report) last issued its earnings results on Thursday, March 27th. The company reported GBX 4.19 ($0.05) earnings per share for the quarter. Microlise Group had a net margin of 2.14% and a return on equity of 1.87%. On average, sell-side analysts expect that Microlise Group will post 5.5260831 EPS for the current year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group started coverage on Microlise Group in a research note on Thursday. They set a “buy” rating and a GBX 199 ($2.58) target price for the company.

Check Out Our Latest Report on SAAS

About Microlise Group

(Get Free Report)

Microlise is a leading provider of transport management software to fleet operators helping them to improve efficiency, safety, and reduce emissions

These improvements are delivered through reduced fuel use, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience

Established in 1982, Microlise is an award-winning business with around 350 employees based at the Group’s headquarters in Nottingham, as part of a total staff of 500 globally with international offices in France, India and Australia

Featured Stories

Receive News & Ratings for Microlise Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microlise Group and related companies with MarketBeat.com's FREE daily email newsletter.