Micro Focus International plc (LON:MCRO) declared a dividend on Monday, January 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, January 18th will be paid a dividend of GBX 25.63 ($0.35) per share on Friday, February 9th. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, January 18th. The official announcement can be viewed at this link.

Micro Focus International (LON:MCRO) opened at GBX 2,278 ($30.89) on Friday. The firm has a market cap of $9,890.00 and a price-to-earnings ratio of 4,556.00. Micro Focus International has a fifty-two week low of GBX 26.78 ($0.36) and a fifty-two week high of GBX 2,970.50 ($40.28).

A number of research analysts have recently issued reports on the stock. Credit Suisse Group restated an “underperform” rating and issued a GBX 1,942 ($26.34) price target on shares of Micro Focus International in a research report on Monday, November 6th. Citigroup restated a “neutral” rating on shares of Micro Focus International in a research report on Friday, January 5th. Barclays restated an “overweight” rating and issued a GBX 2,600 ($35.26) price target on shares of Micro Focus International in a research report on Wednesday, December 20th. Deutsche Bank restated a “buy” rating and issued a GBX 2,800 ($37.97) price target on shares of Micro Focus International in a research report on Thursday, October 5th. Finally, Numis Securities restated a “buy” rating and issued a GBX 2,800 ($37.97) price target on shares of Micro Focus International in a research report on Friday, January 5th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 2,551.20 ($34.60).

In other news, insider Darren Roos acquired 3,101 shares of the business’s stock in a transaction that occurred on Wednesday, January 10th. The shares were purchased at an average cost of GBX 2,257 ($30.61) per share, for a total transaction of £69,989.57 ($94,913.98).

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Micro Focus International Company Profile

Micro Focus International plc is a United Kingdom-based global software company. The Company is engaged in delivering and supporting software solutions. The Company enables customers to utilize new technology solutions while maximizing the value of their investments in information technology (IT) infrastructure and business applications.

Dividend History for Micro Focus International (LON:MCRO)

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