Marks and Spencer Group plc (LON:MKS - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Wednesday following a dividend announcement from the company. The stock traded as high as GBX 402.60 ($5.24) and last traded at GBX 400.10 ($5.21), with a volume of 28615467 shares traded. The stock had previously closed at GBX 383.50 ($4.99).
The newly announced dividend which will be paid on Friday, January 10th. Shareholders of record on Thursday, November 28th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 0.26%. Marks and Spencer Group's dividend payout ratio is presently 1,428.57%.
Marks and Spencer Group Stock Up 3.8 %
The company has a debt-to-equity ratio of 110.71, a quick ratio of 0.42 and a current ratio of 0.86. The firm has a market capitalization of £8.04 billion, a P/E ratio of 1,902.38, a PEG ratio of 0.20 and a beta of 1.62. The business's fifty day moving average price is GBX 366.54 and its two-hundred day moving average price is GBX 319.94.
Marks and Spencer Group Company Profile
(
Get Free Report)
Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.
Recommended Stories
Before you consider Marks and Spencer Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marks and Spencer Group wasn't on the list.
While Marks and Spencer Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.