Insider Buying: Montanaro UK Smaller Companies (LON:MTU) Insider Acquires £285.69 in Stock

Montanaro UK Smaller Companies (LON:MTU) insider Barbara Powley acquired 267 shares of Montanaro UK Smaller Companies stock in a transaction that occurred on Friday, August 9th. The shares were purchased at an average cost of GBX 107 ($1.37) per share, with a total value of £285.69 ($364.77).

Montanaro UK Smaller Companies Trading Up 1.4 %

Shares of MTU stock opened at GBX 108 ($1.38) on Thursday. The stock has a market cap of £180.77 million, a P/E ratio of 981.82 and a beta of 0.98. The company has a quick ratio of 41.12, a current ratio of 11.57 and a debt-to-equity ratio of 10.82. Montanaro UK Smaller Companies has a fifty-two week low of GBX 83.07 ($1.06) and a fifty-two week high of GBX 113.50 ($1.45). The business has a fifty day simple moving average of GBX 108.50 and a 200-day simple moving average of GBX 104.69.

Montanaro UK Smaller Companies Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, July 18th were issued a dividend of GBX 1.24 ($0.02) per share. This is an increase from Montanaro UK Smaller Companies’s previous dividend of $1.19. This represents a yield of 1.12%. The ex-dividend date was Thursday, July 18th. Montanaro UK Smaller Companies’s dividend payout ratio (DPR) is 4,545.45%.

Montanaro UK Smaller Companies Company Profile

Montanaro UK Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Montanaro Investment Managers Ltd. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of small-cap companies operating across diversified sectors.