Manchester & London (LON:MNL - Get Free Report) insider Daniel Wright acquired 1,450 shares of the stock in a transaction dated Wednesday, April 16th. The stock was acquired at an average cost of GBX 550 ($7.28) per share, for a total transaction of £7,975 ($10,555.92).
Manchester & London Price Performance
MNL stock opened at GBX 525.77 ($6.96) on Thursday. The firm has a market cap of £209.38 million, a PE ratio of 1.75 and a beta of 0.42. Manchester & London has a 12 month low of GBX 435.01 ($5.76) and a 12 month high of GBX 850 ($11.25). The firm has a 50 day simple moving average of GBX 651.83 and a 200 day simple moving average of GBX 700.03.
Manchester & London (LON:MNL - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The investment trust reported GBX (0.83) (($0.01)) earnings per share for the quarter. Manchester & London had a return on equity of 39.92% and a net margin of 95.89%.
Manchester & London Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, May 8th. Investors of record on Thursday, April 10th will be paid a GBX 14 ($0.19) dividend. The ex-dividend date is Thursday, April 10th. This represents a yield of 2.06%. This is a boost from Manchester & London's previous dividend of $7.00. Manchester & London's dividend payout ratio (DPR) is currently 4.66%.
About Manchester & London
(
Get Free Report)
Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.
Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine.
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