Marks and Spencer Group plc (OTCMKTS:MAKSY) Plans Dividend of $0.03

Marks and Spencer Group plc (OTCMKTS:MAKSY) announced a dividend on Thursday, November 7th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.0258 per share on Friday, January 17th. The ex-dividend date is Friday, November 29th.

Marks and Spencer Group Stock Down 5.3 %

OTCMKTS MAKSY traded down $0.55 on Friday, hitting $9.76. 46,718 shares of the company were exchanged, compared to its average volume of 20,619. Marks and Spencer Group has a 1-year low of $5.73 and a 1-year high of $10.69. The firm has a 50 day moving average of $9.89 and a two-hundred day moving average of $8.46. The company has a quick ratio of 0.55, a current ratio of 0.86 and a debt-to-equity ratio of 1.02.

Wall Street Analysts Forecast Growth

Several research firms have commented on MAKSY. UBS Group upgraded Marks and Spencer Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 23rd. Barclays raised Marks and Spencer Group to a “strong-buy” rating in a report on Monday, September 16th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Marks and Spencer Group Company Profile

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.