Advice

Mortgage Advice Bureau (Holdings) PLC (MAB1) Increases Dividend to GBX 12.70 Per Share – Finance Daily



Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) declared a dividend on Tuesday, March 19th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 25th will be given a dividend of GBX 12.70 ($0.17) per share on Friday, May 24th. This represents a yield of 2.3%. The ex-dividend date is Thursday, April 25th. This is a positive change from Mortgage Advice Bureau’s previous dividend of $10.60. The official announcement can be accessed at this link.

MAB1 opened at GBX 574 ($7.50) on Thursday. Mortgage Advice Bureau has a 12-month low of GBX 470 ($6.14) and a 12-month high of GBX 740 ($9.67). The stock has a market cap of $293.35 million and a P/E ratio of 22.69.

MAB1 has been the subject of several recent research reports. Numis Securities reaffirmed an “add” rating and set a GBX 665 ($8.69) target price on shares of Mortgage Advice Bureau in a report on Wednesday, March 13th. Shore Capital reaffirmed a “buy” rating on shares of Mortgage Advice Bureau in a report on Tuesday, March 19th.

In related news, insider Lucy Tilley bought 52 shares of the firm’s stock in a transaction on Thursday, February 14th. The shares were bought at an average price of GBX 588 ($7.68) per share, with a total value of £305.76 ($399.53). Also, insider Nathan James McLean Imlach bought 257 shares of the firm’s stock in a transaction on Friday, March 29th. The stock was bought at an average cost of GBX 590 ($7.71) per share, for a total transaction of £1,516.30 ($1,981.31). In the last three months, insiders have bought 879 shares of company stock worth $514,901.

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About Mortgage Advice Bureau

Mortgage Advice Bureau (Holdings) plc, through its subsidiaries, provides mortgage advice in the United Kingdom. It provides advice on approximately 12,000 residential and buy-to-let mortgage products through mortgage intermediaries. The company offers its services over the phone and face to face for customers.

See Also: Green Investing

Dividend History for Mortgage Advice Bureau (LON:MAB1)

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