Motorpoint Group PLC (LON:MOTR) announced a dividend on Tuesday, June 13th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 3rd will be given a dividend of GBX 2.90 ($0.04) per share on Friday, September 1st. This represents a yield of 1.94%. The ex-dividend date of this dividend is Thursday, August 3rd. This is an increase from Motorpoint Group PLC’s previous dividend of $1.33. The official announcement can be viewed at this link.

Motorpoint Group PLC (LON:MOTR) traded up 1.53% during mid-day trading on Tuesday, reaching GBX 149.75. The company’s stock had a trading volume of 124,976 shares. Motorpoint Group PLC has a 12-month low of GBX 119.69 and a 12-month high of GBX 238.57. The company has a 50-day moving average price of GBX 160.04 and a 200-day moving average price of GBX 139.64. The firm’s market cap is GBX 150.04 million.

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Several research firms have recently commented on MOTR. Shore Capital restated a “house stock” rating on shares of Motorpoint Group PLC in a research note on Friday, April 28th. Numis Securities Ltd restated a “buy” rating and issued a GBX 250 ($3.16) price objective on shares of Motorpoint Group PLC in a research note on Thursday, April 6th.

Motorpoint Group PLC Company Profile

Motorpoint Group plc is an independent vehicle retailer in the United Kingdom. The Company’s principal business is the sale of vehicles, of which are approximately two years old and which have covered over 15,000 miles. The Company sells vehicles from brands representing vehicle sales in the United Kingdom, with models from Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi and BMW.

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