Daniel Wright Buys 1,009 Shares of Manchester & London (LON:MNL) Stock

Manchester & London (LON:MNL) insider Daniel Wright bought 1,009 shares of Manchester & London stock in a transaction that occurred on Tuesday, October 29th. The stock was purchased at an average cost of GBX 710 ($9.21) per share, with a total value of £7,163.90 ($9,290.49).

Daniel Wright also recently made the following trade(s):

• On Tuesday, August 20th, Daniel Wright purchased 5,000 shares of Manchester & London stock. The stock was acquired at an average cost of GBX 706 ($9.16) per share, for a total transaction of £35,300 ($45,778.76).

Manchester & London Stock Performance

LON:MNL opened at GBX 680 ($8.82) on Friday. The company has a market capitalization of £272.68 million, a price-to-earnings ratio of 225.91 and a beta of 0.42. The company has a 50-day moving average of GBX 670.28 and a 200-day moving average of GBX 690.76. Manchester & London has a 52 week low of GBX 414.04 ($5.37) and a 52 week high of GBX 850 ($11.02).

Manchester & London Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd will be paid a dividend of GBX 7 ($0.09) per share. This represents a yield of 1.07%. The ex-dividend date is Thursday, October 3rd. Manchester & London’s dividend payout ratio is 465.12%.

About Manchester & London

Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.