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River and Mercantile Group PLC (LON:RIV) announced a dividend on Thursday, September 4th, AnalystRatingsNetwork.com reports. Shareholders of record on Thursday, October 9th will be paid a dividend of GBX 2.30 ($0.04) per share on Friday, November 7th. This represents a dividend yield of 1.11%. The ex-dividend date is Thursday, October 9th. The official announcement can be seen at this link.

RIV has been the subject of a number of recent research reports. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of River and Mercantile Group PLC in a research note on Thursday. They now have a GBX 235 ($3.90) price target on the stock. On a related note, analysts at Canaccord Genuity raised their price target on shares of River and Mercantile Group PLC from GBX 231 ($3.83) to GBX 253 ($4.20) in a research note on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity initiated coverage on shares of River and Mercantile Group PLC in a research note on Monday, August 18th. They set a “buy” rating and a GBX 231 ($3.83) price target on the stock.

Shares of River and Mercantile Group PLC (LON:RIV) traded down 1.44% on Thursday, hitting GBX 205.00. 3,068 shares of the company’s stock traded hands. River and Mercantile Group PLC has a one year low of GBX 187.00 and a one year high of GBX 234.00. The stock has a 50-day moving average of GBX 210.9 and a 200-day moving average of GBX 210.8. The company’s market cap is £168.3 million.

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