Premier Miton Group (LON:PMI) Stock Price Up 10.6% After Dividend Announcement

Shares of Premier Miton Group plc (LON:PMI - Get Free Report) rose 10.6% during mid-day trading on Wednesday after the company announced a dividend. The company traded as high as GBX 60.85 ($0.77) and last traded at GBX 60.85 ($0.77). Approximately 218,815 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 336,116 shares. The stock had previously closed at GBX 55 ($0.70).

The newly announced dividend which will be paid on Friday, February 14th. Stockholders of record on Thursday, January 16th will be given a dividend of GBX 3 ($0.04) per share. The ex-dividend date is Thursday, January 16th. This represents a dividend yield of 5.45%. Premier Miton Group's payout ratio is 60,000.00%.

Premier Miton Group Stock Performance

The business's fifty day moving average price is GBX 59.11 and its two-hundred day moving average price is GBX 67.23. The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.21 and a current ratio of 1.24. The stock has a market capitalization of £93.72 million, a P/E ratio of 6,084.90 and a beta of 1.22.

Premier Miton Group Company Profile

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.