Melrose Industries PLC (LON:MRO) announced a dividend on Thursday, March 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 4th will be paid a dividend of GBX 3.05 ($0.04) per share on Monday, May 20th. This represents a dividend yield of 1.64%. The ex-dividend date is Thursday, April 4th. This is an increase from Melrose Industries’s previous dividend of $1.55. The official announcement can be viewed at this link.
Shares of MRO stock traded up GBX 3.10 ($0.04) on Friday, reaching GBX 196.60 ($2.57). 13,240,941 shares of the company’s stock were exchanged, compared to its average volume of 14,820,000. Melrose Industries has a 52 week low of GBX 145.95 ($1.91) and a 52 week high of GBX 248.80 ($3.25). The company has a debt-to-equity ratio of 46.31, a quick ratio of 0.76 and a current ratio of 1.17. The firm has a market capitalization of $9.55 billion and a P/E ratio of -16.38.
In other news, insider David Lis sold 3,500 shares of the business’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of GBX 185 ($2.42), for a total value of £6,475 ($8,460.73).
ILLEGAL ACTIVITY WARNING: This report was first reported by Baseball Daily News and is the property of of Baseball Daily News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://www.baseballdailydigest.com/news/2019/04/21/melrose-industries-plc-mro-to-go-ex-dividend-on-april-4th.html.
Melrose Industries Company Profile
Melrose Industries PLC engages in the aerospace, automotive, powder metallurgy, air and security, and other industrial businesses. Its Aerospace segment supplies airframe and engine structures, landing gears, specialist technologies, and aftermarket services for commercial and military aircraft. The company's Automotive segment designs, develops, manufactures, and integrates driveline technologies for car manufacturers; and operates as an all-wheel drive systems integrator and electric powertrain systems engineer.
Featured Story: Book Value Per Share in Stock Trading
Receive News & Ratings for Melrose Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melrose Industries and related companies with MarketBeat.com's FREE daily email newsletter.