Mortgage Advice Bureau (Holdings) plc (LON:MAB1) Declares Dividend Increase – GBX 14.80 Per Share

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be given a dividend of GBX 14.80 ($0.19) per share on Tuesday, May 27th. This represents a dividend yield of 2%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 10.4% increase from Mortgage Advice Bureau’s previous dividend of $13.40. The official announcement can be seen at this link.

Mortgage Advice Bureau Stock Performance

MAB1 opened at GBX 737 ($9.58) on Wednesday. The company’s 50 day simple moving average is GBX 747.07 and its 200 day simple moving average is GBX 694.88. Mortgage Advice Bureau has a 1 year low of GBX 528 ($6.86) and a 1 year high of GBX 984 ($12.79). The stock has a market capitalization of £427.14 million, a PE ratio of 39.30, a P/E/G ratio of 0.81 and a beta of 1.14.

Mortgage Advice Bureau (LON:MAB1) last released its earnings results on Tuesday, March 18th. The company reported GBX 27.60 ($0.36) earnings per share (EPS) for the quarter. Mortgage Advice Bureau had a net margin of 4.41% and a return on equity of 15.33%. As a group, sell-side analysts expect that Mortgage Advice Bureau will post 44.7385003 earnings per share for the current fiscal year.

Insider Buying and Selling at Mortgage Advice Bureau

In related news, insider Nathan James McLean Imlach purchased 331 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The stock was acquired at an average price of GBX 642 ($8.35) per share, for a total transaction of £2,125.02 ($2,762.64). Insiders have acquired a total of 968 shares of company stock valued at $679,542 over the last ninety days. Corporate insiders own 20.02% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Berenberg Bank assumed coverage on shares of Mortgage Advice Bureau in a research report on Monday, February 24th. They issued a “buy” rating and a GBX 1,150 ($14.95) target price on the stock.

Mortgage Advice Bureau Company Profile

Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company offers proprietary technology and services, which includes adviser recruitment and lead generation, learning and development, compliance auditing and supervision, and digital marketing and website solutions.