Marshalls plc (MSLH) Plans Dividend of GBX 12

Marshalls plc (LON:MSLH) declared a dividend on Thursday, March 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 6th will be paid a dividend of GBX 12 ($0.16) per share on Friday, June 28th. This represents a dividend yield of 2.05%. The ex-dividend date of this dividend is Thursday, June 6th. This is a boost from Marshalls’s previous dividend of $4.00. The official announcement can be seen at this link.

Shares of LON MSLH opened at GBX 598 ($7.81) on Friday. Marshalls has a 1-year low of GBX 395.60 ($5.17) and a 1-year high of GBX 559.15 ($7.31). The stock has a market cap of $1.14 billion and a PE ratio of 26.46. The company has a current ratio of 1.64, a quick ratio of 0.94 and a debt-to-equity ratio of 28.42.

A number of equities research analysts recently weighed in on the stock. Shore Capital restated a “hold” rating on shares of Marshalls in a report on Thursday. Peel Hunt upped their target price on shares of Marshalls from GBX 515 ($6.73) to GBX 530 ($6.93) and gave the stock an “add” rating in a report on Thursday. Canaccord Genuity lowered shares of Marshalls to a “hold” rating and lowered their target price for the stock from GBX 500 ($6.53) to GBX 495 ($6.47) in a report on Tuesday, January 8th. Finally, Berenberg Bank upped their target price on shares of Marshalls from GBX 530 ($6.93) to GBX 580 ($7.58) and gave the stock a “buy” rating in a report on Monday, January 28th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 517.20 ($6.76).

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Marshalls Company Profile

Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. It operates through Landscape Products and Other segments. The company offers interior, garden, driveway, and seating and landscape products, including paving, block paving, kerbs, water management, natural stone cladding, street furniture, lighting, protective street furniture, and walling and mortars products, as well as paths, edgings, and drainage and decorative aggregates.

Read More: Capital Gains

Dividend History for Marshalls (LON:MSLH)

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