Mincon Group plc Announces Dividend of €0.01 (LON:MCON)

Mincon Group plc (LON:MCON) declared a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 14th will be paid a dividend of €0.01 ($0.01) per share on Friday, December 6th. This represents a yield of 2.42%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be viewed at this link.

Mincon Group Stock Performance

LON MCON opened at GBX 36.20 ($0.47) on Wednesday. The company’s fifty day simple moving average is GBX 36.95 and its 200-day simple moving average is GBX 41.23. The company has a current ratio of 3.37, a quick ratio of 1.07 and a debt-to-equity ratio of 25.33. The stock has a market cap of £76.91 million, a P/E ratio of 3,620.00 and a beta of 0.20. Mincon Group has a 52 week low of GBX 32 ($0.41) and a 52 week high of GBX 60 ($0.78).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Mincon Group in a report on Friday, October 25th.

Mincon Group Company Profile

Mincon Group plc engages in the design, manufacture, sale, and servicing of rock drilling tools and associated products in Ireland, the Americas, Australasia, Europe, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; rotary drill bits; and construction and geotechnical solutions, including foundation drilling, pipe pile-walls, fore poling, well drilling, and anchoring.