MJ Gleeson PLC (GLE) Raises Dividend to GBX 23 Per Share

MJ Gleeson PLC (LON:GLE) declared a dividend on Monday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 15th will be paid a dividend of GBX 23 ($0.30) per share on Friday, December 14th. This represents a dividend yield of 3.19%. The ex-dividend date is Thursday, November 15th. This is a boost from MJ Gleeson’s previous dividend of $9.00. The official announcement can be seen at this link.

Shares of LON GLE opened at GBX 690 ($9.02) on Friday. MJ Gleeson has a 12 month low of GBX 550 ($7.19) and a 12 month high of GBX 810 ($10.58).

A number of research firms recently weighed in on GLE. Liberum Capital boosted their target price on MJ Gleeson from GBX 871 ($11.38) to GBX 884 ($11.55) and gave the stock a “buy” rating in a research report on Tuesday, October 2nd. Peel Hunt restated a “hold” rating on shares of MJ Gleeson in a research report on Wednesday, October 10th. Finally, Berenberg Bank boosted their target price on MJ Gleeson from GBX 820 ($10.71) to GBX 890 ($11.63) and gave the stock a “buy” rating in a research report on Wednesday, July 25th.

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MJ Gleeson Company Profile

MJ Gleeson plc engages in urban housing regeneration and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It engages in house building activities on brownfield land in the north of England; and strategic land trading, primarily in the south of England.

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Dividend History for MJ Gleeson (LON:GLE)

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