Marshalls plc (LON:MSLH) to Issue Dividend of GBX 2.60

Marshalls plc (LON:MSLH) declared a dividend on Monday, August 12th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 24th will be paid a dividend of GBX 2.60 ($0.03) per share on Monday, December 2nd. This represents a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, October 24th. The official announcement can be accessed at this link.

Marshalls Stock Down 0.7 %

Shares of LON MSLH opened at GBX 355 ($4.61) on Wednesday. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. Marshalls has a 52 week low of GBX 195.30 ($2.54) and a 52 week high of GBX 366 ($4.75). The stock has a market capitalization of £897.69 million, a P/E ratio of 4,425.00, a PEG ratio of 0.17 and a beta of 1.26. The stock’s fifty day moving average is GBX 332.87 and its 200 day moving average is GBX 316.90.

Analysts Set New Price Targets

Several research firms recently weighed in on MSLH. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 420 ($5.45) price objective on shares of Marshalls in a research note on Monday, August 12th. Royal Bank of Canada reissued a “sector perform” rating and set a GBX 370 ($4.80) price target on shares of Marshalls in a research note on Wednesday, September 18th.

Insider Buying and Selling

In related news, insider Matt Pullen bought 14,330 shares of Marshalls stock in a transaction that occurred on Thursday, August 22nd. The shares were acquired at an average cost of GBX 349 ($4.53) per share, for a total transaction of £50,011.70 ($64,933.39). 2.73% of the stock is owned by insiders.

Marshalls Company Profile

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally. It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals; kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.