CML Microsystems plc (LON:CML) to Issue Dividend Increase – GBX 6 Per Share

CML Microsystems plc (LON:CML) declared a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Investors of record on Thursday, August 1st will be paid a dividend of GBX 6 ($0.08) per share on Friday, August 16th. This represents a yield of 1.78%. The ex-dividend date is Thursday, August 1st. This is an increase from CML Microsystems’s previous dividend of $5.00. The official announcement can be viewed at this link.

CML Microsystems Trading Down 1.6 %

CML opened at GBX 305 ($3.92) on Tuesday. The company has a market cap of £49.11 million, a P/E ratio of 1,120.54 and a beta of 0.81. The company has a fifty day moving average price of GBX 340.81 and a two-hundred day moving average price of GBX 368.74. The company has a current ratio of 11.54, a quick ratio of 6.38 and a debt-to-equity ratio of 1.93. CML Microsystems has a 1-year low of GBX 290 ($3.73) and a 1-year high of GBX 450 ($5.79).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of CML Microsystems in a report on Tuesday, July 2nd.

CML Microsystems Company Profile

CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.