Premier Miton Group (LON:PMI) Shares Up 10.6% After Dividend Announcement

Premier Miton Group plc (LON:PMI) shares traded up 10.6% during trading on Wednesday after the company announced a dividend. The company traded as high as GBX 60.85 ($0.77) and last traded at GBX 60.85 ($0.77). 218,815 shares were traded during mid-day trading, a decline of 35% from the average session volume of 336,116 shares. The stock had previously closed at GBX 55 ($0.70).

The newly announced dividend which will be paid on Friday, February 14th. Shareholders of record on Thursday, January 16th will be issued a dividend of GBX 3 ($0.04) per share. This represents a yield of 5.45%. The ex-dividend date of this dividend is Thursday, January 16th. Premier Miton Group’s dividend payout ratio (DPR) is presently 60,000.00%.

Premier Miton Group Stock Up 10.2 %

The firm’s fifty day simple moving average is GBX 59.06 and its 200 day simple moving average is GBX 67.12. The company has a current ratio of 1.24, a quick ratio of 1.21 and a debt-to-equity ratio of 1.93. The company has a market cap of £93.72 million, a price-to-earnings ratio of 6,060.00 and a beta of 1.22.

About Premier Miton Group

Premier Miton Group plc is a publicly owned investment manager. The firm invests in public equity and fixed income markets across the globe. Premier Miton Group plc was formerly known as Premier Asset Management Group Plc. Premier Miton Group plc was founded in November 2019 and is based in Surrey, United Kingdom.