M.P. Evans Group PLC (LON:MPE) to Issue Dividend Increase – GBX 32.50 Per Share

Posted by Jeff Wilder on Apr 23rd, 2024

M.P. Evans Group PLC (LON:MPE – Get Free Report) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 25th will be paid a dividend of GBX 32.50 ($0.40) per share on Wednesday, June 19th. This represents a yield of 4.33%. The ex-dividend date is Thursday, April 25th. This is a positive change from M.P. Evans Group’s previous dividend of $12.50. The official announcement can be accessed at this link.

M.P. Evans Group Stock Up 2.2 %

Shares of LON:MPE opened at GBX 844 ($10.42) on Tuesday. The stock has a fifty day simple moving average of GBX 790.35 and a two-hundred day simple moving average of GBX 757. The stock has a market capitalization of £448.75 million, a price-to-earnings ratio of 1,072.73 and a beta of 0.67. M.P. Evans Group has a 12-month low of GBX 652 ($8.05) and a 12-month high of GBX 894 ($11.04). The company has a current ratio of 1.83, a quick ratio of 1.91 and a debt-to-equity ratio of 10.77.

Insider Transactions at M.P. Evans Group

In related news, insider Matthew Coulson sold 4,649 shares of the stock in a transaction on Thursday, April 4th. The stock was sold at an average price of GBX 808 ($9.98), for a total transaction of £37,563.92 ($46,398.12). Company insiders own 50.91% of the company’s stock.

M.P. Evans Group Company Profile

(Get Free Report)

M.P. Evans Group PLC, through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia. The company operates through Plantation Indonesia, Property Malaysia, and Other segments. It produces and sells crude palm oil and palm kernels. The company is also involved in the property development; and oil-palm fresh fruit bunches production businesses, as well as provision of agronomic and management consultancy services.