Midwich Group plc (LON:MIDW) Declares Dividend Increase – GBX 7.50 Per Share

Midwich Group plc (LON:MIDW) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of GBX 7.50 ($0.10) per share on Friday, July 4th. This represents a yield of 3.15%. The ex-dividend date is Thursday, May 22nd. This is a 36.4% increase from Midwich Group’s previous dividend of $5.50. The official announcement can be seen at this link.

Midwich Group Trading Down 4.2 %

LON MIDW opened at GBX 227.90 ($2.96) on Wednesday. Midwich Group has a 1-year low of GBX 225 ($2.93) and a 1-year high of GBX 450.13 ($5.85). The company has a current ratio of 1.44, a quick ratio of 0.78 and a debt-to-equity ratio of 105.39. The stock has a 50-day moving average of GBX 257.63 and a 200-day moving average of GBX 284.29. The firm has a market cap of £229.18 million, a PE ratio of 10.13 and a beta of 0.66.

Midwich Group (LON:MIDW) last released its earnings results on Tuesday, March 18th. The company reported GBX 26.24 ($0.34) earnings per share for the quarter. Midwich Group had a return on equity of 12.88% and a net margin of 1.70%. As a group, sell-side analysts forecast that Midwich Group will post 36.9099991 EPS for the current year.

About Midwich Group

Bringing people together.

Midwich Group specialises in technology solutions that bring people together, to make society more efficient, more impactful and more exciting. Operating in 22 countries, the Group helps people connect and communicate, whether in state-of-the-art meeting rooms or on a festival main stage, audiovisual technology is all around, helping the world connect, communicate and experience wow moments.

Taking technology further.

The Group’s services range from product distribution to complex system design, focused marketing campaigns to flexible financing solutions, and showcase events to seed funding for startups.