Manchester & London (LON:MNL - Get Free Report) announced a dividend on Wednesday, March 19th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 14 ($0.18) per share by the investment trust on Thursday, May 8th. This represents a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 100.0% increase from Manchester & London's previous dividend of $7.00. The official announcement can be seen at this link.
Manchester & London Trading Up 2.2 %
LON:MNL traded up GBX 14 ($0.18) during trading hours on Tuesday, hitting GBX 664 ($8.60). 26,557 shares of the company traded hands, compared to its average volume of 60,682. Manchester & London has a twelve month low of GBX 572 ($7.41) and a twelve month high of GBX 850 ($11.00). The firm has a 50-day moving average of GBX 718.24 and a 200 day moving average of GBX 708.53. The stock has a market capitalization of £264.43 million, a price-to-earnings ratio of 2.21 and a beta of 0.42.
Manchester & London (LON:MNL - Get Free Report) last posted its quarterly earnings data on Wednesday, March 19th. The investment trust reported GBX (0.83) (($0.01)) earnings per share (EPS) for the quarter. Manchester & London had a return on equity of 39.92% and a net margin of 95.89%.
Insider Buying and Selling at Manchester & London
In related news, insider Daren John Morris acquired 4,925 shares of the stock in a transaction dated Wednesday, January 29th. The shares were bought at an average cost of GBX 751 ($9.72) per share, for a total transaction of £36,986.75 ($47,885.49). Insiders own 2.09% of the company's stock.
Manchester & London Company Profile
(
Get Free Report)
Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.
Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine.
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