Mears Group PLC (LON:MER) Declares GBX 3.65 Dividend

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Mears Group PLC (LON:MER) announced a dividend on Tuesday, August 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 3rd will be given a dividend of GBX 3.65 ($0.05) per share on Thursday, October 24th. This represents a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be seen at this link.

LON:MER opened at GBX 264.80 ($3.46) on Wednesday. Mears Group has a one year low of GBX 220 ($2.87) and a one year high of GBX 400 ($5.23). The company has a debt-to-equity ratio of 45.23, a quick ratio of 0.86 and a current ratio of 1.15. The firm has a market capitalization of $292.58 million and a PE ratio of 11.56. The firm has a 50 day moving average of GBX 264.06.

Mears Group (LON:MER) last posted its quarterly earnings results on Tuesday, August 13th. The company reported GBX 9.16 ($0.12) EPS for the quarter.

Several equities research analysts recently commented on the company. Liberum Capital reaffirmed a “buy” rating on shares of Mears Group in a report on Tuesday. Peel Hunt restated a “buy” rating and set a GBX 450 ($5.88) price target on shares of Mears Group in a research report on Tuesday. Finally, Peel Hunt restated a “buy” rating and set a GBX 450 ($5.88) price target on shares of Mears Group in a research report on Tuesday.

About Mears Group

Mears Group PLC, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. It operates in two segments, Housing and Care. The company offers rapid response and planned maintenance services to local authorities and registered social landlords, including responsive repairs; gas and voids services; maintenance, repairs, capital works, and energy investment solution for public buildings; estate cleaning services; and grounds maintenance, hard landscaping, soft landscaping, and arboriculture.

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Dividend History for Mears Group (LON:MER)

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