Marks and Spencer Group plc Announces Dividend of GBX 1 (LON:MKS)

Marks and Spencer Group plc (LON:MKS) declared a dividend on Wednesday, November 6th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 28th will be given a dividend of GBX 1 ($0.01) per share by the retailer on Friday, January 10th. This represents a dividend yield of 0.26%. The ex-dividend date is Thursday, November 28th. The official announcement can be accessed at this link.

Marks and Spencer Group Trading Down 1.0 %

MKS stock opened at GBX 375.29 ($4.71) on Tuesday. The company has a debt-to-equity ratio of 110.71, a current ratio of 0.86 and a quick ratio of 0.42. Marks and Spencer Group has a 1-year low of GBX 229.60 ($2.88) and a 1-year high of GBX 415.30 ($5.22). The business has a 50 day simple moving average of GBX 374.26 and a two-hundred day simple moving average of GBX 330.01. The company has a market capitalization of £7.58 billion, a price-to-earnings ratio of 1,805.71, a PEG ratio of 0.20 and a beta of 1.62.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Marks and Spencer Group in a research report on Wednesday, November 13th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 327 ($4.11).

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through: UK Clothing & Home, UK Food, International, Ocado, and All Other segments. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move’ products.