Midwich Group plc (LON:MIDW) Plans Dividend of GBX 7.50

Midwich Group plc (LON:MIDW) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of GBX 7.50 ($0.10) per share on Friday, July 4th. This represents a yield of 3.15%. The ex-dividend date is Thursday, May 22nd. This is a 36.4% increase from Midwich Group’s previous dividend of $5.50. The official announcement can be seen at this link.

Midwich Group Stock Up 5.7 %

LON:MIDW traded up GBX 13 ($0.17) during trading hours on Tuesday, hitting GBX 240 ($3.12). 536,236 shares of the company traded hands, compared to its average volume of 227,123. The company has a quick ratio of 0.78, a current ratio of 1.44 and a debt-to-equity ratio of 105.39. The firm’s 50-day simple moving average is GBX 258.51 and its 200-day simple moving average is GBX 284.92. Midwich Group has a one year low of GBX 225 ($2.92) and a one year high of GBX 450.13 ($5.85). The company has a market cap of £241.35 million, a PE ratio of 10.67 and a beta of 0.66.

Midwich Group (LON:MIDW) last released its earnings results on Tuesday, March 18th. The company reported GBX 26.24 ($0.34) EPS for the quarter. Midwich Group had a return on equity of 12.88% and a net margin of 1.70%. Equities analysts predict that Midwich Group will post 36.9099991 earnings per share for the current year.

Midwich Group Company Profile

Bringing people together.

Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments.

Taking technology further.

The Group’s services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.