Mincon Group plc Plans Dividend of €0.01 (LON:MCON)

Mincon Group plc (LON:MCON) announced a dividend on Tuesday, October 29th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 14th will be given a dividend of €0.01 ($0.01) per share on Friday, December 6th. This represents a yield of 2.42%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be seen at this link.

Mincon Group Stock Performance

Mincon Group stock opened at GBX 37 ($0.48) on Wednesday. The stock has a 50-day moving average price of GBX 36.95 and a 200 day moving average price of GBX 40.63. The company has a market capitalization of £78.61 million, a price-to-earnings ratio of 3,700.00 and a beta of 0.20. Mincon Group has a 52 week low of GBX 32 ($0.41) and a 52 week high of GBX 60 ($0.77). The company has a quick ratio of 1.07, a current ratio of 3.37 and a debt-to-equity ratio of 25.33.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Mincon Group in a research note on Friday, October 25th.

About Mincon Group

Mincon Group plc engages in the design, manufacture, sale, and servicing of rock drilling tools and associated products in Ireland, the Americas, Australasia, Europe, the Middle East, and Africa. The company offers drill rigs and mast attachments for excavators and skid steers; down the hole (DTH) hammers; DTH drill bits for various rock-drilling applications; rotary drill bits; and construction and geotechnical solutions, including foundation drilling, pipe pile-walls, fore poling, well drilling, and anchoring.