CML Microsystems plc (LON:CML) Plans Dividend of GBX 6

CML Microsystems plc (LON:CML) announced a dividend on Tuesday, July 2nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 1st will be given a dividend of GBX 6 ($0.08) per share on Friday, August 16th. This represents a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, August 1st. This is an increase from CML Microsystems’s previous dividend of $5.00. The official announcement can be viewed at this link.

CML Microsystems Price Performance

Shares of CML stock opened at GBX 320 ($4.05) on Thursday. The firm has a fifty day simple moving average of GBX 368.48 and a 200-day simple moving average of GBX 378.08. The company has a market capitalization of £51.52 million, a PE ratio of 1,076.79 and a beta of 0.81. CML Microsystems has a twelve month low of GBX 290 ($3.67) and a twelve month high of GBX 460.95 ($5.83). The company has a current ratio of 11.54, a quick ratio of 6.38 and a debt-to-equity ratio of 1.93.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of CML Microsystems in a report on Tuesday.

About CML Microsystems

CML Microsystems plc, through its subsidiaries, designs, manufactures, and markets a range of semiconductor products for use in communications industries in the United Kingdom, the Americas, and Far East. It primarily offers high performance radio frequency products and mixed-signal baseband/modem processors for wireless and satellite, network infrastructure, internet of things, broadcast, and aerospace and defense markets.