WM Morrison Supermarkets PLC (LON:MRW) announced a dividend on Wednesday, March 13th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 23rd will be given a dividend of GBX 8.75 ($0.11) per share by the grocer on Monday, July 1st. This represents a dividend yield of 3.86%. The ex-dividend date is Thursday, May 23rd. This is a boost from WM Morrison Supermarkets’s previous dividend of $3.85. The official announcement can be seen at this link.
LON:MRW traded up GBX 1.35 ($0.02) during mid-day trading on Wednesday, hitting GBX 226.50 ($2.96). 9,030,228 shares of the stock traded hands, compared to its average volume of 9,680,000. WM Morrison Supermarkets has a 52 week low of GBX 205 ($2.68) and a 52 week high of GBX 254.40 ($3.32).
In related news, insider Andrew Higginson acquired 63,560 shares of the stock in a transaction on Thursday, January 31st. The stock was bought at an average cost of GBX 236 ($3.08) per share, with a total value of £150,001.60 ($196,003.66).
About WM Morrison Supermarkets
Wm Morrison Supermarkets PLC operates retail super stores under the Morrisons brand name in the United Kingdom. The company is involved in in-store and online grocery retailing activities. It also manufactures and distributes fresh food, and morning goods and bread; prepares and supplies seafood; processes fresh meat; invests in, develops, and maintains properties; and offers insurance and leasing services, as well as holds pharmaceutical license.
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