M.P. Evans Group PLC (LON:MPE – Get Free Report) declared a dividend on Monday, September 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 10th will be paid a dividend of GBX 15 ($0.20) per share on Friday, November 1st. This represents a yield of 1.76%. The ex-dividend date is Thursday, October 10th. The official announcement can be accessed at this link.
M.P. Evans Group Stock Down 1.4 %
MPE stock opened at GBX 928.80 ($12.16) on Tuesday. The company’s 50 day moving average is GBX 879.59 and its 200 day moving average is GBX 857.66. The stock has a market cap of £490.41 million, a price-to-earnings ratio of 1,002.13 and a beta of 0.69. The company has a current ratio of 1.70, a quick ratio of 1.91 and a debt-to-equity ratio of 8.72. M.P. Evans Group has a 1-year low of GBX 684 ($8.95) and a 1-year high of GBX 994 ($13.01).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 1,250 ($16.36) price objective on shares of M.P. Evans Group in a research report on Wednesday, September 18th.
About M.P. Evans Group
M.P. Evans Group PLC, through its subsidiaries, engages in the ownership and development of oil palm plantations in Indonesia and Malaysia. The company operates through Plantation, Property, and Other segments. It produces and sells crude palm oil and palm kernels. The company is also involved in the property development; and oil-palm fresh fruit bunches production businesses, as well as provision of agronomic and management consultancy services.
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