Morses Club PLC (LON:MCL) announced a dividend on Thursday, October 5th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 28th will be given a dividend of GBX 2.20 ($0.03) per share on Friday, January 19th. This represents a dividend yield of 1.59%. The ex-dividend date is Thursday, December 28th. The official announcement can be viewed at this link.

Shares of Morses Club (LON:MCL) traded down GBX 0.88 ($0.01) during trading hours on Friday, reaching GBX 129.38 ($1.74). The company’s stock had a trading volume of 2,258 shares, compared to its average volume of 35,196. The stock has a market capitalization of $167.48 and a PE ratio of 1,617.19. Morses Club has a fifty-two week low of GBX 105 ($1.41) and a fifty-two week high of GBX 161.25 ($2.17).

In other Morses Club news, insider Patrick Storey bought 23,148 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were bought at an average price of GBX 135 ($1.82) per share, with a total value of £31,249.80 ($42,058.95).

MCL has been the topic of several research reports. Shore Capital reissued a “buy” rating on shares of Morses Club in a research report on Thursday, October 5th. Beaufort Securities raised their price objective on Morses Club from GBX 155 ($2.09) to GBX 165 ($2.22) and gave the stock a “buy” rating in a research note on Friday, September 1st. Finally, FinnCap initiated coverage on Morses Club in a research note on Tuesday, October 31st. They issued a “corporate” rating and a GBX 175 ($2.36) price objective on the stock. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Morses Club has an average rating of “Buy” and an average target price of GBX 157 ($2.11).

ILLEGAL ACTIVITY WARNING: This piece of content was posted by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/12/23/morses-club-plc-declares-dividend-of-gbx-2-20-mcl.html.

About Morses Club

Morses Club PLC is a United Kingdom-based home collected credit (HCC) lender. The Company is a consumer finance business focused on the home collected credit market. The Company operates under the Morses Club brand and provides unsecured loans to customers over 20-78 week periods, which are repayable on a weekly basis.

Receive News & Ratings for Morses Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morses Club and related companies with MarketBeat.com's FREE daily email newsletter.