Majedie Investments (LON:MAJE) Plans Dividend of GBX 2

Majedie Investments (LON:MAJE) declared a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 15th will be given a dividend of GBX 2 ($0.03) per share on Friday, September 6th. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, August 15th. The official announcement can be seen at this link.

Majedie Investments Stock Performance

Shares of Majedie Investments stock traded down GBX 2 ($0.03) during trading on Tuesday, hitting GBX 232 ($2.98). 19,115 shares of the stock were exchanged, compared to its average volume of 48,399. The stock’s fifty day moving average is GBX 239.87 and its 200 day moving average is GBX 239.55. The stock has a market cap of £122.96 million, a PE ratio of 748.39 and a beta of 0.88. The company has a debt-to-equity ratio of 16.23, a quick ratio of 8.62 and a current ratio of 5.76. Majedie Investments has a 12 month low of GBX 179 ($2.30) and a 12 month high of GBX 254 ($3.27).

Insider Activity at Majedie Investments

In related news, insider J M. William Barlow sold 750,000 shares of the stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of GBX 240 ($3.09), for a total value of £1,800,000 ($2,315,410.34). In other Majedie Investments news, insider Heinrich Merz acquired 41,416 shares of Majedie Investments stock in a transaction dated Friday, June 14th. The stock was bought at an average price of GBX 241 ($3.10) per share, for a total transaction of £99,812.56 ($128,392.80). Also, insider J M. William Barlow sold 750,000 shares of the firm’s stock in a transaction dated Thursday, May 30th. The shares were sold at an average price of GBX 240 ($3.09), for a total transaction of £1,800,000 ($2,315,410.34). 58.43% of the stock is currently owned by insiders.

Majedie Investments Company Profile

Majedie Investments PLC is a public fund launched and managed by Majedie Asset Management Limited. The fund invests in public equity markets across the globe. Majedie Investments PLC was formed in October 1985 and is based in London, United Kingdom.