Morgan Sindall Group plc (LON:MGNS) Increases Dividend to GBX 90 Per Share

Morgan Sindall Group plc (LON:MGNS - Get Free Report) announced a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be given a dividend of GBX 90 ($1.20) per share on Thursday, May 15th. This represents a yield of 3.06%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 116.9% increase from Morgan Sindall Group's previous dividend of $41.50. The official announcement can be viewed at this link.

Morgan Sindall Group Stock Performance

Morgan Sindall Group stock remained flat at GBX 3,385 ($45.07) on Friday. The company's stock had a trading volume of 59,800 shares, compared to its average volume of 201,772. The company's fifty day moving average is GBX 3,275.77 and its two-hundred day moving average is GBX 3,556.37. The company has a debt-to-equity ratio of 18.51, a quick ratio of 0.87 and a current ratio of 1.18. The stock has a market capitalization of £1.60 billion, a P/E ratio of 12.74, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31. Morgan Sindall Group has a one year low of GBX 2,240 ($29.83) and a one year high of GBX 3,970 ($52.86).

Morgan Sindall Group (LON:MGNS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported GBX 278.80 ($3.71) EPS for the quarter. Morgan Sindall Group had a net margin of 2.82% and a return on equity of 21.60%. As a group, equities analysts forecast that Morgan Sindall Group will post 238.9649924 earnings per share for the current year.

Insider Activity at Morgan Sindall Group

In other Morgan Sindall Group news, insider Kelly Gangotra purchased 932 shares of the stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of GBX 3,185 ($42.41) per share, for a total transaction of £29,684.20 ($39,526.23). Also, insider John Christopher Morgan sold 18,262 shares of the business's stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of GBX 3,120 ($41.54), for a total transaction of £569,774.40 ($758,687.62). 11.05% of the stock is currently owned by company insiders.

Morgan Sindall Group Company Profile

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.