Morgan Sindall Group plc (LON:MGNS) Declares Dividend Increase - GBX 90 Per Share

Morgan Sindall Group plc (LON:MGNS - Get Free Report) announced a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 90 ($1.20) per share on Thursday, May 15th. This represents a dividend yield of 3.06%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 116.9% increase from Morgan Sindall Group's previous dividend of $41.50. The official announcement can be accessed at this link.

Morgan Sindall Group Stock Down 0.4 %

LON MGNS traded down GBX 15 ($0.20) on Friday, reaching GBX 3,370 ($44.95). 24,243 shares of the stock traded hands, compared to its average volume of 201,328. Morgan Sindall Group has a 12 month low of GBX 2,240 ($29.88) and a 12 month high of GBX 3,970 ($52.95). The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18. The company has a fifty day moving average price of GBX 3,280.67 and a 200-day moving average price of GBX 3,554.54. The company has a market cap of £1.59 billion, a price-to-earnings ratio of 12.68, a PEG ratio of -68.20 and a beta of 1.31.

Morgan Sindall Group (LON:MGNS - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported GBX 278.80 ($3.72) earnings per share (EPS) for the quarter. Morgan Sindall Group had a net margin of 2.82% and a return on equity of 21.60%. As a group, research analysts forecast that Morgan Sindall Group will post 238.9649924 EPS for the current fiscal year.

Insider Transactions at Morgan Sindall Group

In other Morgan Sindall Group news, insider Kelly Gangotra purchased 932 shares of the stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of GBX 3,185 ($42.48) per share, with a total value of £29,684.20 ($39,594.77). Also, insider John Christopher Morgan sold 18,262 shares of the company's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of GBX 3,120 ($41.62), for a total transaction of £569,774.40 ($760,003.20). Corporate insiders own 11.05% of the company's stock.

About Morgan Sindall Group

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.