Marks and Spencer Group Plc (LON:MKS) announced a dividend on Wednesday, November 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 15th will be given a dividend of GBX 6.80 ($0.09) per share by the retailer on Friday, January 11th. This represents a dividend yield of 2.26%. The ex-dividend date is Thursday, November 15th. The official announcement can be viewed at this link.
LON MKS opened at GBX 306.20 ($4.00) on Thursday. Marks and Spencer Group has a 12 month low of GBX 274.30 ($3.58) and a 12 month high of GBX 397.80 ($5.20).
MKS has been the topic of a number of research reports. Liberum Capital reiterated a “sell” rating on shares of Marks and Spencer Group in a report on Wednesday, October 3rd. Barclays reiterated an “overweight” rating on shares of Marks and Spencer Group in a report on Monday, October 15th. Royal Bank of Canada reiterated an “outperform” rating on shares of Marks and Spencer Group in a report on Tuesday, October 16th. Credit Suisse Group reiterated a “neutral” rating on shares of Marks and Spencer Group in a report on Wednesday, September 5th. Finally, Shore Capital reiterated a “hold” rating on shares of Marks and Spencer Group in a report on Tuesday, October 9th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 320.84 ($4.19).
About Marks and Spencer Group
Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.
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