Manchester & London (LON:MNL) Declares GBX 7 Dividend

Posted by Samantha Reynolds on Oct 1st, 2024

Manchester & London (LON:MNL – Get Free Report) announced a dividend on Wednesday, September 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 7 ($0.09) per share by the investment trust on Friday, November 8th. This represents a yield of 1.07%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be accessed at this link.

Manchester & London Stock Down 1.7 %

MNL stock opened at GBX 654 ($8.75) on Tuesday. Manchester & London has a 52-week low of GBX 409 ($5.47) and a 52-week high of GBX 850 ($11.37). The stock’s fifty day simple moving average is GBX 669.56 and its 200-day simple moving average is GBX 686.90. The stock has a market capitalization of £262.58 million, a price-to-earnings ratio of 256.76 and a beta of 0.42.

Insider Transactions at Manchester & London

In other Manchester & London news, insider Daniel Wright acquired 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average price of GBX 706 ($9.44) per share, for a total transaction of £35,300 ($47,217.76). In other Manchester & London news, insider Daren John Morris acquired 4,000 shares of the firm’s stock in a transaction dated Thursday, July 25th. The shares were acquired at an average price of GBX 696 ($9.31) per share, for a total transaction of £27,840 ($37,239.17). Also, insider Daniel Wright acquired 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average price of GBX 706 ($9.44) per share, for a total transaction of £35,300 ($47,217.76). Insiders own 2.09% of the company’s stock.

Manchester & London Company Profile

(Get Free Report)

Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.