Montanaro UK Smaller Companies (LON:MTU) Plans Dividend Increase - GBX 4 Per Share

Montanaro UK Smaller Companies (LON:MTU - Get Free Report) announced a dividend on Tuesday, April 8th, DividendData.Co.Uk reports. Investors of record on Thursday, May 15th will be given a dividend of GBX 4 ($0.05) per share on Friday, June 13th. This represents a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, May 15th. This is a 288.3% increase from Montanaro UK Smaller Companies's previous dividend of $1.03. The official announcement can be viewed at this link.

Montanaro UK Smaller Companies Trading Up 2.6 %

Montanaro UK Smaller Companies stock traded up GBX 2.40 ($0.03) during midday trading on Monday, reaching GBX 93.40 ($1.22). 131,474 shares of the stock traded hands, compared to its average volume of 486,010. The company has a current ratio of 0.37, a quick ratio of 41.12 and a debt-to-equity ratio of 9.83. The firm has a market cap of £155.37 million, a PE ratio of 5.92 and a beta of 0.98. The company has a 50-day simple moving average of GBX 99.63 and a two-hundred day simple moving average of GBX 102.63. Montanaro UK Smaller Companies has a 12-month low of GBX 85.76 ($1.12) and a 12-month high of GBX 113.50 ($1.49).

Insider Buying and Selling

In other news, insider Arthur Copple purchased 25,000 shares of the firm's stock in a transaction that occurred on Thursday, January 16th. The stock was bought at an average price of GBX 100 ($1.31) per share, for a total transaction of £25,000 ($32,709.67). Also, insider Yuuichiro Nakajima acquired 5,000 shares of Montanaro UK Smaller Companies stock in a transaction dated Friday, February 14th. The stock was purchased at an average price of GBX 107 ($1.40) per share, for a total transaction of £5,350 ($6,999.87). 0.21% of the stock is owned by insiders.

Montanaro UK Smaller Companies Company Profile

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies Index. Montanaro Asset Management was founded by Charles Montanaro in 1991 with a vision to bring a different approach to SmallCap investing. We think of ourselves as an Oasis in the City.