Marlowe plc (MRL) to Issue Dividend of GBX 155 on July 5th

Marlowe plc (LON:MRLGet Free Report) announced a dividend on Monday, June 3rd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 13th will be paid a dividend of GBX 155 ($1.97) per share on Friday, July 5th. This represents a dividend yield of 27.78%. The ex-dividend date is Thursday, June 13th. The official announcement can be seen at this link.

Marlowe Trading Up 0.1 %

Shares of Marlowe stock opened at GBX 610.65 ($7.78) on Tuesday. Marlowe has a 1 year low of GBX 310 ($3.95) and a 1 year high of GBX 680 ($8.66). The firm has a market cap of £591.48 million, a PE ratio of -4,083.67 and a beta of 0.42. The stock has a fifty day moving average price of GBX 532.07 and a 200-day moving average price of GBX 460.55. The company has a debt-to-equity ratio of 58.34, a current ratio of 1.29 and a quick ratio of 0.80.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price target on Marlowe from GBX 720 ($9.17) to GBX 710 ($9.04) and set a “buy” rating for the company in a research note on Tuesday, April 30th.

Check Out Our Latest Analysis on MRL

Insider Activity at Marlowe

In other news, insider Lord Ashcroft acquired 3,422,809 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were bought at an average cost of GBX 548 ($6.98) per share, with a total value of £18,756,993.32 ($23,885,130.93). 23.17% of the stock is currently owned by insiders.

About Marlowe

(Get Free Report)

Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.

Further Reading

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