M.T.I Wireless Edge Ltd. (MWE) To Go Ex-Dividend on March 27th

M.T.I Wireless Edge Ltd. (LON:MWE) announced a dividend on Monday, March 17th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of $0.03 per share on Friday, April 11th. This represents a yield of 4.39%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 6.5% increase from M.T.I Wireless Edge’s previous dividend of $0.03. The official announcement can be viewed at this link.

M.T.I Wireless Edge Price Performance

Shares of MWE stock opened at GBX 58 ($0.75) on Wednesday. The company has a quick ratio of 2.15, a current ratio of 2.94 and a debt-to-equity ratio of 3.04. M.T.I Wireless Edge has a twelve month low of GBX 34.50 ($0.45) and a twelve month high of GBX 70.90 ($0.92). The company has a market cap of £62.57 million, a P/E ratio of 14.78 and a beta of 1.03. The business has a fifty day simple moving average of GBX 54.06 and a 200 day simple moving average of GBX 48.45.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of M.T.I Wireless Edge in a report on Monday.

M.T.I Wireless Edge Company Profile

MTI Wireless Edge Ltd (“MTI”) is an international, specialist technology group focused on comprehensive communication and radio frequency solutions across multiple sectors and geographies, serving blue chip clients.
The Company operates through three distinct divisions:
• Antenna Division
MTI is a world leader in the design, development and production of high quality, state-of-the-art, cost-effective antenna solutions for wireless applications, supplying both military and commercial markets.