Montanaro UK Smaller Companies (LON:MTU) Raises Dividend to GBX 4 Per Share

Montanaro UK Smaller Companies (LON:MTU) declared a dividend on Tuesday, April 8th, DividendData.Co.Uk reports. Investors of record on Thursday, May 15th will be paid a dividend of GBX 4 ($0.05) per share on Friday, June 13th. This represents a yield of 3.05%. The ex-dividend date is Thursday, May 15th. This is a 288.3% increase from Montanaro UK Smaller Companies’s previous dividend of $1.03. The official announcement can be seen at this link.

Montanaro UK Smaller Companies Price Performance

MTU traded down GBX 2.80 ($0.04) on Wednesday, reaching GBX 88 ($1.12). The company had a trading volume of 165,486 shares, compared to its average volume of 501,538. The company has a market capitalization of £146.39 million, a P/E ratio of 5.57 and a beta of 0.98. The company has a current ratio of 0.37, a quick ratio of 41.12 and a debt-to-equity ratio of 9.83. Montanaro UK Smaller Companies has a one year low of GBX 85.76 ($1.10) and a one year high of GBX 113.50 ($1.45). The company has a fifty day moving average of GBX 100.84 and a 200-day moving average of GBX 103.07.

Insider Activity at Montanaro UK Smaller Companies

In other Montanaro UK Smaller Companies news, insider Yuuichiro Nakajima acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, February 14th. The shares were purchased at an average price of GBX 107 ($1.37) per share, with a total value of £5,350 ($6,836.19). Also, insider Arthur Copple acquired 25,000 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The stock was bought at an average cost of GBX 100 ($1.28) per share, for a total transaction of £25,000 ($31,944.80). 0.21% of the stock is owned by insiders.

Montanaro UK Smaller Companies Company Profile

The Trust aims to achieve capital growth by investing in small companies listed on the London Stock Exchange or its Alternative Investment Market (AIM). It seeks relative outperformance of its benchmark, the Numis Smaller Companies Index.

Montanaro Asset Management was founded by Charles Montanaro in 1991 with a vision to bring a different approach to SmallCap investing.

We think of ourselves as an Oasis in the City.