Mony Group Plc (LON:MONY) Raises Dividend to GBX 9.20 Per Share

Mony Group Plc (LON:MONY - Get Free Report) announced a dividend on Monday, February 17th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 9.20 ($0.12) per share on Friday, May 16th. This represents a dividend yield of 4.45%. The ex-dividend date is Thursday, April 10th. This is a 178.8% increase from Mony Group's previous dividend of $3.30. The official announcement can be viewed at this link.

Mony Group Price Performance

Mony Group stock traded down GBX 0.10 ($0.00) during midday trading on Friday, reaching GBX 183.60 ($2.40). 1,151,920 shares of the stock were exchanged, compared to its average volume of 3,317,034. Mony Group has a 52 week low of GBX 174 ($2.28) and a 52 week high of GBX 242.20 ($3.17). The company has a debt-to-equity ratio of 32.86, a quick ratio of 0.71 and a current ratio of 0.82. The firm has a market cap of £979.68 million, a PE ratio of 12.85, a PEG ratio of 1.20 and a beta of 0.67. The company's fifty day moving average is GBX 196.39 and its 200-day moving average is GBX 195.34.

Mony Group (LON:MONY - Get Free Report) last released its quarterly earnings results on Monday, February 17th. The company reported GBX 17.10 ($0.22) EPS for the quarter. Mony Group had a net margin of 17.25% and a return on equity of 34.74%. On average, sell-side analysts forecast that Mony Group will post 19.1090909 EPS for the current year.

Insiders Place Their Bets

In other news, insider Peter Duffy sold 53,668 shares of the company's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of GBX 202 ($2.64), for a total value of £108,409.36 ($141,841.37). Also, insider Rakesh Sharma acquired 5,030 shares of Mony Group stock in a transaction dated Monday, February 17th. The shares were purchased at an average price of GBX 199 ($2.60) per share, for a total transaction of £10,009.70 ($13,096.56). Insiders purchased a total of 5,184 shares of company stock valued at $1,030,918 in the last quarter. Corporate insiders own 9.15% of the company's stock.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price target on Mony Group from GBX 290 ($3.79) to GBX 300 ($3.93) and gave the company a "buy" rating in a report on Monday, February 17th.

About Mony Group

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others.