Midwich Group plc (LON:MIDW) Increases Dividend to GBX 7.50 Per Share

Midwich Group plc (LON:MIDW - Get Free Report) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of GBX 7.50 ($0.10) per share on Friday, July 4th. This represents a yield of 3.15%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a 36.4% increase from Midwich Group's previous dividend of $5.50. The official announcement can be accessed at this link.

Midwich Group Trading Down 3.6 %

MIDW stock traded down GBX 8 ($0.10) during trading on Friday, reaching GBX 213 ($2.75). 267,692 shares of the stock were exchanged, compared to its average volume of 226,188. The company has a current ratio of 1.44, a quick ratio of 0.78 and a debt-to-equity ratio of 105.39. The business has a 50 day moving average price of GBX 253.87 and a 200-day moving average price of GBX 282.02. Midwich Group has a 1 year low of GBX 213 ($2.75) and a 1 year high of GBX 450.13 ($5.81). 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 (LON:MIDW - Get Free Report) last issued its earnings results on Tuesday, March 18th. The company reported GBX 26.24 ($0.34) EPS for the quarter. Midwich Group had a net margin of 1.70% and a return on equity of 12.88%. On average, research analysts predict that Midwich Group will post 36.9099991 earnings per share for the current year.

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Midwich Group Company Profile

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.