Mears Group PLC (LON:MER) declared a dividend on Tuesday, August 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 18th will be given a dividend of GBX 3.55 ($0.05) per share on Thursday, November 8th. This represents a yield of 1.02%. The ex-dividend date is Thursday, October 18th. The official announcement can be seen at this link.
MER opened at GBX 356.88 ($4.66) on Wednesday. Mears Group has a fifty-two week low of GBX 357.50 ($4.67) and a fifty-two week high of GBX 533.50 ($6.97).
Several equities analysts recently weighed in on MER shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 500 ($6.53) target price on shares of Mears Group in a research note on Wednesday, June 20th. Liberum Capital reiterated a “buy” rating on shares of Mears Group in a research report on Wednesday, June 20th. Finally, Jefferies Financial Group lowered their price objective on shares of Mears Group from GBX 460 ($6.01) to GBX 380 ($4.97) and set a “hold” rating for the company in a research report on Monday, August 6th.
Mears Group PLC, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. It operates in two segments, Housing and Care. The company offers rapid response and planned maintenance services to local authorities and registered social landlords, including responsive repairs; gas and voids services; maintenance, repairs, capital works, and energy investment solution for public buildings; estate cleaning services; and grounds maintenance, hard landscaping, soft landscaping, and arboriculture.
See Also: Retained Earnings
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