Menhaden Resource Efficiency PLC (LON:MHN) Raises Dividend to GBX 0.90 Per Share

Menhaden Resource Efficiency PLC (LON:MHN - Get Free Report) declared a dividend on Monday, April 22nd, Upcoming.Co.Uk reports. Investors of record on Thursday, June 6th will be given a dividend of GBX 0.90 ($0.01) per share on Friday, July 5th. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, June 6th. This is an increase from Menhaden Resource Efficiency's previous dividend of $0.40. The official announcement can be viewed at this link.

Menhaden Resource Efficiency Stock Performance

Menhaden Resource Efficiency stock remained flat at GBX 104 ($1.28) during midday trading on Monday. 117,228 shares of the company were exchanged, compared to its average volume of 131,794. The company has a market capitalization of £82.19 million and a price-to-earnings ratio of 650.00. Menhaden Resource Efficiency has a 12 month low of GBX 90 ($1.11) and a 12 month high of GBX 105 ($1.30). The stock has a 50-day simple moving average of GBX 103.43 and a two-hundred day simple moving average of GBX 100.02.

Menhaden Resource Efficiency Company Profile

Menhaden PLC is an equity mutual fund launched and managed by Frostrow Capital LLP. It invests in the public equity markets. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to benchmark the performance of its portfolio against the MSCI World Index. Menhaden PLC was formed on July 31, 2015 and is domiciled in United Kingdom.