Mitie Group plc (OTCMKTS:MITFY) Plans Dividend Increase - $0.13 Per Share

Mitie Group plc (OTCMKTS:MITFY - Get Free Report) declared a dividend on Tuesday, June 17th, investing.com reports. Stockholders of record on Monday, June 23rd will be given a dividend of 0.1304 per share on Tuesday, August 19th. This represents a dividend yield of 2.4%. The ex-dividend date is Friday, June 20th. This is a 99.4% increase from Mitie Group's previous dividend of $0.07.

Mitie Group Stock Down 2.8%

OTCMKTS MITFY opened at $7.57 on Tuesday. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 0.63. The firm's 50 day moving average price is $7.69 and its 200-day moving average price is $6.47. Mitie Group has a 52-week low of $5.25 and a 52-week high of $8.59.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Mitie Group to a "hold" rating in a research note on Wednesday, February 26th.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.

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