RM plc (LON:RM) announced a dividend on Tuesday, July 9th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 8th will be paid a dividend of GBX 2 ($0.03) per share on Friday, September 13th. This represents a yield of 0.8%. The ex-dividend date is Thursday, August 8th. The official announcement can be viewed at this link.
Shares of LON RM opened at GBX 245 ($3.20) on Wednesday. The firm has a 50 day moving average price of GBX 242.05. The stock has a market capitalization of $201.30 million and a price-to-earnings ratio of 11.09. RM has a 52 week low of GBX 173 ($2.26) and a 52 week high of GBX 268 ($3.50). The company has a current ratio of 1.06, a quick ratio of 0.53 and a debt-to-equity ratio of 54.85.
Several equities research analysts have commented on RM shares. Numis Securities restated a “buy” rating on shares of RM in a research report on Friday, June 14th. Peel Hunt restated a “buy” rating on shares of RM in a research report on Monday, July 8th.
RM plc supplies products, services, and solutions to educational markets in the United Kingdom and internationally. The company operates through three divisions: RM Resources, RM Results, and RM Education. The RM Resources division provides curriculum and education resources for schools and nurseries through direct sales force, online, and direct catalogue.
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