MJ Gleeson plc (LON:GLE) Announces Dividend of GBX 7

MJ Gleeson plc (LON:GLE) announced a dividend on Wednesday, September 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 24th will be given a dividend of GBX 7 ($0.09) per share on Friday, November 22nd. This represents a yield of 1.25%. The ex-dividend date is Thursday, October 24th. This is a positive change from MJ Gleeson’s previous dividend of $4.00. The official announcement can be accessed at this link.

MJ Gleeson Price Performance

GLE opened at GBX 596 ($7.87) on Thursday. The company has a market capitalization of £347.94 million, a P/E ratio of 1,989.66 and a beta of 1.14. The company has a 50-day moving average of GBX 589 and a 200-day moving average of GBX 546.78. The company has a debt-to-equity ratio of 8.37, a quick ratio of 0.89 and a current ratio of 4.61. MJ Gleeson has a 1-year low of GBX 381 ($5.03) and a 1-year high of GBX 630 ($8.32).

Insider Activity at MJ Gleeson

In other MJ Gleeson news, insider Christopher H. B. Mills sold 200,000 shares of the stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of GBX 600 ($7.93), for a total transaction of £1,200,000 ($1,585,204.76). 16.93% of the stock is owned by corporate insiders.

About MJ Gleeson

MJ Gleeson plc engages in low-cost house building and land promotion activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Land. It also engages in the house building activities in the north of England and Midlands; and sale of land in the south of England.