CMC Markets Plc (LON:CMCX) Raises Dividend to GBX 2.85 Per Share

CMC Markets Plc (LON:CMCX) declared a dividend on Thursday, November 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 2.85 ($0.04) per share on Friday, December 20th. This represents a dividend yield of 2.35%. The ex-dividend date is Thursday, November 28th. This is an increase from CMC Markets’s previous dividend of $0.68. The official announcement can be viewed at this link.

Shares of LON:CMCX opened at GBX 137.80 ($1.80) on Wednesday. The firm has a market cap of $395.48 million and a PE ratio of 68.90. The firm’s 50 day simple moving average is GBX 127.74 and its 200-day simple moving average is GBX 101.34. CMC Markets has a one year low of GBX 74.30 ($0.97) and a one year high of GBX 138.17 ($1.81). The company has a debt-to-equity ratio of 3.24, a quick ratio of 2.34 and a current ratio of 2.46.

CMCX has been the topic of several research reports. Goldman Sachs Group lifted their price objective on shares of CMC Markets from GBX 100 ($1.31) to GBX 120 ($1.57) and gave the company a “neutral” rating in a report on Monday, November 18th. Shore Capital reissued a “buy” rating on shares of CMC Markets in a report on Thursday, November 21st. Peel Hunt reissued a “buy” rating on shares of CMC Markets in a report on Thursday, November 21st. Finally, Royal Bank of Canada lifted their price objective on shares of CMC Markets from GBX 125 ($1.63) to GBX 145 ($1.89) and gave the company an “outperform” rating in a report on Thursday, November 21st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of GBX 125 ($1.63).

In other CMC Markets news, insider Euan Marshall acquired 232 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The shares were bought at an average cost of GBX 129 ($1.69) per share, with a total value of £299.28 ($391.06). Also, insider David Fineberg sold 5,800 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of GBX 93 ($1.22), for a total transaction of £5,394 ($7,048.22).

About CMC Markets

CMC Markets plc and its subsidiaries provide online retail financial services in the United Kingdom and internationally. It operates in three segments: UK and Ireland, Europe, and Australia, New Zealand and Singapore (APAC) and Canada. The company provides its clients with the ability to trade contracts for difference and financial spread betting on a range of underlying shares, indices, foreign currencies, commodities, and treasuries through its trading platform.

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Dividend History for CMC Markets (LON:CMCX)

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