Midwich Group (LON:MIDW) Releases Quarterly Earnings Results

Midwich Group (LON:MIDW - Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 26.24 ($0.34) EPS for the quarter, Digital Look Earnings reports. Midwich Group had a net margin of 1.70% and a return on equity of 12.88%.

Midwich Group Price Performance

MIDW traded down GBX 8 ($0.10) on Friday, hitting GBX 213 ($2.75). 267,692 shares of the stock were exchanged, compared to its average volume of 226,188. Midwich Group has a 12 month low of GBX 213 ($2.75) and a 12 month high of GBX 450.13 ($5.81). The business has a 50-day moving average of GBX 253.87 and a two-hundred day moving average of GBX 282.02. The company has a debt-to-equity ratio of 105.39, a current ratio of 1.44 and a quick ratio of 0.78. The firm has a market capitalization of £214.20 million, a price-to-earnings ratio of 9.47 and a beta of 0.66.

Midwich Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, May 22nd will be paid a GBX 7.50 ($0.10) dividend. The ex-dividend date is Thursday, May 22nd. This is an increase from Midwich Group's previous dividend of $5.50. This represents a dividend yield of 3.15%. Midwich Group's dividend payout ratio is 75.59%.

About Midwich Group

Bringing people together. Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments. Taking technology further. The Group's services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.