Mony Group Plc (LON:MONY) to Issue Dividend of GBX 9.20

Mony Group Plc (LON:MONY) announced a dividend on Monday, February 17th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 9.20 ($0.12) per share on Friday, May 16th. This represents a dividend yield of 4.45%. The ex-dividend date is Thursday, April 10th. This is a 178.8% increase from Mony Group’s previous dividend of $3.30. The official announcement can be viewed at this link.

Mony Group Stock Performance

LON:MONY opened at GBX 189.90 ($2.42) on Tuesday. The stock has a 50-day simple moving average of GBX 197.03 and a two-hundred day simple moving average of GBX 196.38. The company has a debt-to-equity ratio of 32.86, a quick ratio of 0.71 and a current ratio of 0.82. Mony Group has a 52-week low of GBX 174 ($2.21) and a 52-week high of GBX 242.20 ($3.08). The firm has a market capitalization of £1.01 billion, a PE ratio of 13.29, a P/E/G ratio of 1.20 and a beta of 0.67.

Mony Group (LON:MONY) last announced its quarterly earnings data on Monday, February 17th. The company reported GBX 17.10 ($0.22) earnings per share (EPS) for the quarter. Mony Group had a return on equity of 34.74% and a net margin of 17.25%. Analysts forecast that Mony Group will post 19.1090909 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised their price objective on Mony Group from GBX 290 ($3.69) to GBX 300 ($3.82) and gave the company a “buy” rating in a research report on Monday, February 17th.

Insider Activity at Mony Group

In related news, insider Peter Duffy sold 53,668 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of GBX 202 ($2.57), for a total transaction of £108,409.36 ($137,995.62). Also, insider Rakesh Sharma bought 5,030 shares of the firm’s stock in a transaction that occurred on Monday, February 17th. The shares were acquired at an average price of GBX 199 ($2.53) per share, with a total value of £10,009.70 ($12,741.47). Over the last ninety days, insiders acquired 5,184 shares of company stock valued at $1,030,918. 9.15% of the stock is owned by corporate insiders.

Mony Group Company Profile

MONY Group PLC is an established member of the FTSE 250 index. The Group operates a tech-led savings platform and leading UK brands including price comparison sites (MoneySuperMarket), cashback (Quidco) and a consumer finance content led brand (MoneySavingExpert). We cover a broad range of verticals including Insurance, Money, Home Services and Travel amongst others.