River and Mercantile Group PLC (LON:RIV) announced a dividend on Monday, September 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, October 12th will be given a dividend of GBX 8.10 ($0.11) per share on Friday, November 3rd. This represents a dividend yield of 2.59%. The ex-dividend date is Thursday, October 12th. This is a boost from River and Mercantile Group PLC’s previous dividend of $5.60. The official announcement can be seen at this link.

River and Mercantile Group PLC (LON RIV) traded up 1.95% during mid-day trading on Monday, hitting GBX 313.00. The company’s stock had a trading volume of 21,362 shares. The stock’s market cap is GBX 254.62 million. River and Mercantile Group PLC has a 52-week low of GBX 205.50 and a 52-week high of GBX 380.00. The company’s 50 day moving average is GBX 331.39 and its 200-day moving average is GBX 304.96.

A number of equities research analysts recently commented on the company. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 335 ($4.51) target price on shares of River and Mercantile Group PLC in a research report on Monday. N+1 Singer reiterated a “buy” rating and issued a GBX 400 ($5.38) target price on shares of River and Mercantile Group PLC in a research report on Monday. Finally, Canaccord Genuity upgraded River and Mercantile Group PLC to a “buy” rating and set a GBX 350 ($4.71) target price on the stock in a research report on Tuesday, September 12th.

In other River and Mercantile Group PLC news, insider Masroor Ahmad sold 1,772 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of GBX 330 ($4.44), for a total transaction of £5,847.60 ($7,863.91).

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About River and Mercantile Group PLC

River and Mercantile Group PLC is engaged in advisory and asset management business with a range of services, from consulting and advisory to fiduciary and fund management. The Company’s segments include Fiduciary Management Division, Derivative Solutions Division, Equity Solutions Division and Advisory Division.

Dividend History for River and Mercantile Group PLC (LON:RIV)

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