Michelmersh Brick Holdings plc (LON:MBH) Insider Buys £20,000 in Stock

Michelmersh Brick Holdings plc (LON:MBH) insider Robert Fenwick acquired 20,000 shares of the firm’s stock in a transaction dated Monday, April 22nd. The shares were purchased at an average cost of GBX 100 ($1.24) per share, for a total transaction of £20,000 ($24,703.56).

Michelmersh Brick Price Performance

Shares of LON:MBH opened at GBX 97 ($1.20) on Friday. Michelmersh Brick Holdings plc has a 1-year low of GBX 75 ($0.93) and a 1-year high of GBX 108 ($1.33). The firm has a market capitalization of £90.87 million, a PE ratio of 970.00 and a beta of 0.94. The business’s 50 day moving average is GBX 97.61 and its 200-day moving average is GBX 92.42. The company has a current ratio of 2.44, a quick ratio of 1.56 and a debt-to-equity ratio of 1.55.

Michelmersh Brick Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 10th. Stockholders of record on Thursday, June 6th will be issued a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 2.96%. The ex-dividend date is Thursday, June 6th. This is a positive change from Michelmersh Brick’s previous dividend of $1.50. Michelmersh Brick’s dividend payout ratio (DPR) is presently 5,000.00%.

About Michelmersh Brick

Michelmersh Brick Holdings plc, together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe. The company offers extruded wirecut facing bricks, clay pavers, paving accessories, and special shaped products under the Blockleys brand; monotone colour blends in rustic, dragwire, smooth, and sand faced textures under the Carlton brand; prefabricated brick components under the FabSpeed brand; various bricks under the Floren.be brand; and clamp-fired stock facing bricks in various colours and textural finishes under the Freshfield Lane brand.