Marks and Spencer Group plc (LON:MKS – Get Free Report) insider Stuart Machin sold 619,188 shares of the company’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of GBX 289 ($3.66), for a total transaction of £1,789,453.32 ($2,263,411.74).
Marks and Spencer Group Price Performance
MKS opened at GBX 288.80 ($3.65) on Thursday. The company has a fifty day simple moving average of GBX 286.38 and a 200 day simple moving average of GBX 265.46. The firm has a market cap of £5.92 billion, a price-to-earnings ratio of 1,375.24, a PEG ratio of 0.20 and a beta of 1.58. Marks and Spencer Group plc has a twelve month low of GBX 183.80 ($2.32) and a twelve month high of GBX 314 ($3.97). The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 115.61.
Marks and Spencer Group Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, May 30th will be issued a dividend of GBX 2 ($0.03) per share. This represents a yield of 0.73%. This is a positive change from Marks and Spencer Group’s previous dividend of $1.00. The ex-dividend date of this dividend is Thursday, May 30th. Marks and Spencer Group’s dividend payout ratio (DPR) is presently 1,428.57%.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Marks and Spencer Group
Marks and Spencer Group Company Profile
Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.
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