Mortgage Advice Bureau (Holdings) PLC Announces Dividend of GBX 11.10 (LON:MAB1)

Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) announced a dividend on Tuesday, September 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be given a dividend of GBX 11.10 ($0.15) per share on Friday, October 25th. This represents a yield of 1.95%. The ex-dividend date is Thursday, October 3rd. The official announcement can be viewed at this link.

LON MAB1 traded down GBX 10 ($0.13) on Wednesday, hitting GBX 560 ($7.32). The stock had a trading volume of 17,888 shares, compared to its average volume of 34,178. Mortgage Advice Bureau has a 52-week low of GBX 470 ($6.14) and a 52-week high of GBX 650 ($8.49). The company has a market capitalization of $289.03 million and a price-to-earnings ratio of 22.13. The firm has a 50-day moving average of GBX 569.89 and a 200-day moving average of GBX 581.14.

Separately, Shore Capital reiterated a “buy” rating on shares of Mortgage Advice Bureau in a research note on Tuesday.

In related news, insider Lucy Tilley purchased 52 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were purchased at an average price of GBX 580 ($7.58) per share, with a total value of £301.60 ($394.09). Also, insider Nathan James McLean Imlach purchased 248 shares of the firm’s stock in a transaction dated Friday, June 28th. The stock was bought at an average cost of GBX 612 ($8.00) per share, for a total transaction of £1,517.76 ($1,983.22). Insiders bought a total of 919 shares of company stock worth $545,060 in the last three months.

Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. The company offers its services over the phone and face to face for customers.

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Dividend History for Mortgage Advice Bureau (LON:MAB1)

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