River and Mercantile Group PLC (LON:RIV) announced a dividend on Monday, September 25th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 23rd will be paid a dividend of GBX 6 ($0.08) per share on Friday, December 15th. This represents a dividend yield of 1.92%. The ex-dividend date is Thursday, November 23rd. The official announcement can be accessed at this link.

Shares of River and Mercantile Group PLC (RIV) traded up 1.95% during midday trading on Monday, hitting GBX 313.00. The stock had a trading volume of 21,362 shares. The company’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.

RIV has been the topic of a number of recent research reports. N+1 Singer restated a “buy” rating and set a GBX 400 ($5.38) price objective on shares of River and Mercantile Group PLC in a research report on Friday, September 15th. Canaccord Genuity upgraded River and Mercantile Group PLC to a “buy” rating and set a GBX 350 ($4.71) price target on the stock in a report on Tuesday, September 12th. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 335 ($4.51) price target on shares of River and Mercantile Group PLC in a report on Monday.

In other news, insider Masroor Ahmad sold 1,772 shares of the 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 value 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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