Majedie Investments (LON:MAJE) to Issue Dividend Increase – GBX 2.10 Per Share

Majedie Investments (LON:MAJE) announced a dividend on Wednesday, October 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be given a dividend of GBX 2.10 ($0.03) per share on Friday, December 6th. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, November 14th. This is a positive change from Majedie Investments’s previous dividend of $2.00. The official announcement can be accessed at this link.

Majedie Investments Stock Performance

Shares of MAJE opened at GBX 226 ($2.93) on Friday. The company has a current ratio of 0.22, a quick ratio of 8.62 and a debt-to-equity ratio of 14.44. The firm’s fifty day simple moving average is GBX 236.07 and its two-hundred day simple moving average is GBX 238.25. Majedie Investments has a 12 month low of GBX 211.45 ($2.74) and a 12 month high of GBX 254 ($3.29). The stock has a market capitalization of £119.78 million, a P/E ratio of 729.03 and a beta of 0.87.

About Majedie Investments

Majedie Investments PLC is a public fund launched and managed by Majedie Asset Management Limited. The fund invests in public equity markets across the globe. Majedie Investments PLC was formed in October 1985 and is based in London, United Kingdom.