Molins Plc Plans Dividend of GBX 2.50 (MLIN)
Molins Plc (LON:MLIN) announced a dividend on Thursday, August 28th, StockRatingsNetwork.com reports. Stockholders of record on Wednesday, September 17th will be paid a dividend of GBX 2.50 ($0.04) per share on Thursday, October 9th. This represents a dividend yield of 1.82%. The ex-dividend date is Wednesday, September 17th. The official announcement can be seen at this link.
On the ratings front, analysts at Panmure Gordon reiterated a “buy” rating on shares of Molins Plc in a research note on Thursday. They now have a GBX 250 ($4.14) price target on the stock.
Molins Plc (LON:MLIN) traded down 14.98% on Thursday, hitting GBX 135.60. 297,429 shares of the company’s stock traded hands. Molins Plc has a 1-year low of GBX 126.00 and a 1-year high of GBX 194.00. The stock has a 50-day moving average of GBX 161.2 and a 200-day moving average of GBX 169.2.
Molins PLC is engaged in the supply of machinery and services for the production and packaging of consumer products.
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