Marks and Spencer Group plc (OTCMKTS:MAKSY - Get Free Report) declared a dividend on Saturday, May 31st, investing.com reports. Stockholders of record on Tuesday, June 3rd will be given a dividend of 0.0698 per share on Friday, July 11th. This represents a dividend yield of 0.91%. The ex-dividend date of this dividend is Monday, June 2nd. This is a 170.6% increase from Marks and Spencer Group's previous dividend of $0.03.
Marks and Spencer Group Trading Up 0.9%
Shares of Marks and Spencer Group stock traded up $0.09 during trading hours on Monday, reaching $10.50. 40,127 shares of the company's stock were exchanged, compared to its average volume of 82,114. The company has a 50 day moving average of $10.13 and a two-hundred day moving average of $9.53. Marks and Spencer Group has a fifty-two week low of $7.20 and a fifty-two week high of $11.51. The company has a current ratio of 0.82, a quick ratio of 0.45 and a debt-to-equity ratio of 0.84.
Wall Street Analysts Forecast Growth
Separately, Peel Hunt downgraded shares of Marks and Spencer Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 21st.
View Our Latest Stock Analysis on Marks and Spencer Group
About Marks and Spencer Group
(
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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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