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Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Increases Dividend to GBX 14.80 Per Share

Mortgage Advice Bureau logo with Financial Services background
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Mortgage Advice Bureau (Holdings) plc (LON:MAB1 - Get Free Report) declared a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 14.80 ($0.19) per share on Tuesday, May 27th. This represents a yield of 2%. The ex-dividend date is Thursday, April 24th. This is a 10.4% increase from Mortgage Advice Bureau's previous dividend of $13.40. The official announcement can be accessed at this link.

Mortgage Advice Bureau Stock Performance

MAB1 traded down GBX 16 ($0.21) during trading on Friday, hitting GBX 724 ($9.35). The stock had a trading volume of 37,200 shares, compared to its average volume of 103,902. The firm has a market capitalization of £419.61 million, a P/E ratio of 38.60, a PEG ratio of 0.81 and a beta of 1.14. The company's 50-day moving average price is GBX 753.39 and its 200 day moving average price is GBX 695.16. Mortgage Advice Bureau has a twelve month low of GBX 528 ($6.82) and a twelve month high of GBX 984 ($12.70).

Mortgage Advice Bureau (LON:MAB1 - Get Free Report) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.36) earnings per share for the quarter. Mortgage Advice Bureau had a net margin of 4.41% and a return on equity of 15.33%. As a group, equities analysts expect that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.

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Insider Transactions at Mortgage Advice Bureau

In other Mortgage Advice Bureau news, insider Nathan James McLean Imlach acquired 292 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average cost of GBX 745 ($9.62) per share, with a total value of £2,175.40 ($2,808.78). Insiders have purchased a total of 968 shares of company stock valued at $679,542 in the last ninety days. 20.02% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Berenberg Bank began coverage on shares of Mortgage Advice Bureau in a research note on Monday, February 24th. They set a "buy" rating and a GBX 1,150 ($14.85) price target on the stock.

Check Out Our Latest Report on MAB1

About Mortgage Advice Bureau

(Get Free Report)

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.

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Dividend History for Mortgage Advice Bureau (LON:MAB1)

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