CMC Markets Plc (LON:CMCX) to Issue Dividend of GBX 17.60

CMC Markets Plc (LON:CMCX) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, March 27th will be given a dividend of GBX 17.60 ($0.23) per share on Tuesday, April 1st. This represents a dividend yield of 2.12%. The ex-dividend date is Thursday, March 27th. This is a 467.7% increase from CMC Markets’s previous dividend of $3.10. The official announcement can be viewed at this link.

CMC Markets Trading Up 0.7 %

CMC Markets stock traded up GBX 1.50 ($0.02) during trading on Tuesday, hitting GBX 215 ($2.78). The company’s stock had a trading volume of 320,084 shares, compared to its average volume of 781,199. The stock’s fifty day moving average is GBX 222.19 and its 200 day moving average is GBX 268.37. CMC Markets has a 1-year low of GBX 184.80 ($2.39) and a 1-year high of GBX 349 ($4.51). The stock has a market capitalization of £597.38 million, a price-to-earnings ratio of 1.81 and a beta of 0.51. The company has a debt-to-equity ratio of 4.19, a quick ratio of 2.47 and a current ratio of 2.18.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “hold” rating on shares of CMC Markets in a research note on Thursday, January 23rd.

Insider Buying and Selling at CMC Markets

In other news, insider David Fineberg purchased 132 shares of CMC Markets stock in a transaction that occurred on Wednesday, February 5th. The stock was acquired at an average price of GBX 226 ($2.92) per share, for a total transaction of £298.32 ($385.48). Insiders bought a total of 149,350 shares of company stock valued at $32,114,482 in the last ninety days. Insiders own 64.79% of the company’s stock.

CMC Markets Company Profile

CMC is a leading global provider of online trading and investing, with a comprehensive retail, professional and institutional offering.
The business was started in 1989 with a simple ethos: to make financial markets truly accessible for investors. We are proud of our strong heritage and our successful 30-year track record as an innovator at the forefront of enabling digital trading for our clients.