Mitie Group plc to Issue Dividend of GBX 1.30 (LON:MTO)

Mitie Group plc (LON:MTO) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 19th will be paid a dividend of GBX 1.30 ($0.02) per share on Tuesday, February 4th. This represents a yield of 1.17%. The ex-dividend date is Thursday, December 19th. The official announcement can be viewed at this link.

Mitie Group Price Performance

MTO stock opened at GBX 103.18 ($1.31) on Thursday. The stock has a market capitalization of £1.28 billion, a price-to-earnings ratio of 1,146.41, a PEG ratio of 10.10 and a beta of 1.41. The firm’s 50-day moving average price is GBX 117.45 and its two-hundred day moving average price is GBX 119.05. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 67.87. Mitie Group has a 12-month low of GBX 93 ($1.18) and a 12-month high of GBX 127 ($1.61).

Insider Transactions at Mitie Group

In related news, insider Phillip Bentley sold 4,750,000 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of GBX 117 ($1.48), for a total transaction of £5,557,500 ($7,032,139.69). Also, insider Derek Mapp purchased 8,189 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was bought at an average cost of GBX 119 ($1.51) per share, for a total transaction of £9,744.91 ($12,330.65). Corporate insiders own 5.65% of the company’s stock.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.