Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) announced a dividend on Wednesday, September 28th. Investors of record on Thursday, October 6th will be paid a dividend of GBX 7.80 ($0.10) per share on Friday, October 28th. This represents a yield of 2.44%. The ex-dividend date of this dividend is Thursday, October 6th. This is a boost from Mortgage Advice Bureau (Holdings) PLC’s previous dividend of $4.25. The official announcement can be seen at this link.
Shares of Mortgage Advice Bureau (LON:MAB1) opened at 312.50 on Wednesday. Mortgage Advice Bureau has a 12 month low of GBX 195.00 and a 12 month high of GBX 418.02. The company has a 50-day moving average price of GBX 304.91 and a 200-day moving average price of GBX 313.45. The company’s market capitalization is GBX 157.69 million.
MAB1 has been the subject of several research analyst reports. FinnCap reaffirmed a “buy” rating and set a GBX 420 ($5.48) target price on shares of Mortgage Advice Bureau (Holdings) PLC in a research note on Thursday, July 28th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 420 ($5.48) target price on shares of Mortgage Advice Bureau (Holdings) PLC in a research note on Wednesday, September 28th.
In other news, insider Nathan James McLean Imlach purchased 428 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The stock was purchased at an average cost of GBX 320 ($4.18) per share, for a total transaction of £1,369.60 ($1,787.76). Also, insider Tilley,Lucy bought 128 shares of the company’s stock in a transaction on Thursday, July 14th. The stock was bought at an average price of GBX 235 ($3.07) per share, with a total value of £300.80 ($392.64).
About Mortgage Advice Bureau (Holdings) PLC
Mortgage Advice Bureau (Holdings) plc is a United Kingdom-based non-trading holding company. The Company, along with its subsidiaries, is engaged in the provision of financial services, including the provision of mortgage advice, and advice on protection and general insurance products. The Company’s network offers advice on over 12,000 residential and buy-to-let mortgage products, including those that are available through mortgage intermediaries.
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