Mitie Group plc Declares Dividend of GBX 1.30 (LON:MTO)

Mitie Group plc (LON:MTO) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, December 19th will be paid a dividend of GBX 1.30 ($0.02) per share on Tuesday, February 4th. This represents a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be seen at this link.

Mitie Group Trading Down 7.0 %

Shares of Mitie Group stock opened at GBX 103.18 ($1.31) on Thursday. The stock has a market capitalization of £1.28 billion, a PE ratio of 1,146.41, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. Mitie Group has a 52 week low of GBX 93 ($1.18) and a 52 week high of GBX 127 ($1.61). The stock has a 50 day moving average price of GBX 117.45 and a two-hundred day moving average price of GBX 119.05. The company has a debt-to-equity ratio of 67.87, a quick ratio of 0.83 and a current ratio of 0.93.

Insider Activity

In other Mitie Group news, insider Derek Mapp acquired 8,189 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was bought at an average cost of GBX 119 ($1.51) per share, with a total value of £9,744.91 ($12,330.65). Also, insider Phillip Bentley sold 4,750,000 shares of Mitie Group stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of GBX 117 ($1.48), for a total value of £5,557,500 ($7,032,139.69). 5.65% of the stock is currently owned by corporate insiders.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.