Mercia Asset Management PLC (LON:MERC) to Issue Dividend of GBX 0.37

Posted by Irma Garcia on Nov 28th, 2024

Mercia Asset Management PLC (LON:MERC – Get Free Report) announced a dividend on Tuesday, November 26th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, December 5th will be paid a dividend of GBX 0.37 ($0.00) per share on Wednesday, January 8th. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be accessed at this link.

Mercia Asset Management Stock Performance

Shares of MERC stock opened at GBX 31 ($0.39) on Thursday. The company has a market capitalization of £133.70 million, a price-to-earnings ratio of -1,533.00 and a beta of 1.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 5.34 and a current ratio of 4.41. The company has a 50-day simple moving average of GBX 31.05 and a 200 day simple moving average of GBX 32.47. Mercia Asset Management has a 52 week low of GBX 27 ($0.34) and a 52 week high of GBX 37 ($0.47).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 64 ($0.81) target price on shares of Mercia Asset Management in a report on Thursday, September 26th.

Read Our Latest Research Report on MERC

Mercia Asset Management Company Profile

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Mercia Asset Management PLC is a private equity and venture capital firm specializing in incubation, seed EIS, early stage, emerging growth, mid venture, late stage and growth capital investments. It invests in technology focusing on sectors such as digital entertainment, consumer services, media, retailing, energy, healthcare, industrials, materials, real estate, telecommunication services, gaming, internet, software, electronics and hardware, advanced materials, transportation, biosciences, engineering and specialist manufacturing, and life sciences.