MJ Gleeson PLC (LON:GLE) declared a dividend on Monday, September 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 16th will be given a dividend of GBX 17.50 ($0.23) per share on Thursday, December 14th. This represents a yield of 2.69%. The ex-dividend date of this dividend is Thursday, November 16th. This is a boost from MJ Gleeson PLC’s previous dividend of $6.50. The official announcement can be seen at this link.
MJ Gleeson PLC (GLE) opened at GBX 717 ($9.43) on Wednesday. MJ Gleeson PLC has a fifty-two week low of GBX 518 ($6.81) and a fifty-two week high of GBX 749.70 ($9.86).
A number of brokerages have commented on GLE. Liberum Capital reiterated a “buy” rating and set a GBX 804 ($10.57) price target on shares of MJ Gleeson PLC in a research report on Friday, October 20th. Berenberg Bank increased their price target on shares of MJ Gleeson PLC from GBX 740 ($9.73) to GBX 820 ($10.79) and gave the company a “buy” rating in a research report on Tuesday, July 18th. Finally, Peel Hunt began coverage on shares of MJ Gleeson PLC in a research report on Monday. They set a “hold” rating and a GBX 715 ($9.40) price target on the stock.
In other MJ Gleeson PLC news, insider Jolyon Harrison sold 131,239 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of GBX 666 ($8.76), for a total transaction of £874,051.74 ($1,149,614.28). Insiders have acquired 90 shares of company stock worth $60,828 over the last quarter.
MJ Gleeson PLC Company Profile
MJ Gleeson plc engages in the housebuilding and strategic land trading activities in the United Kingdom. The company operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It focuses on urban housing regeneration activities on brownfield land in the north of England; and strategic land trading, primarily in the south of England.
Receive News & Ratings for MJ Gleeson PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MJ Gleeson PLC and related companies with MarketBeat.com's FREE daily email newsletter.