River and Mercantile Group PLC (LON:RIV) declared a dividend on Tuesday, October 11th. Investors of record on Thursday, October 20th will be given a dividend of GBX 3.40 ($0.04) per share on Friday, November 11th. This represents a yield of 1.52%. The ex-dividend date is Thursday, October 20th. The official announcement can be viewed at this link.
River and Mercantile Group PLC (LON:RIV) opened at 218.25 on Wednesday. The stock’s market cap is GBX 179.17 million. River and Mercantile Group PLC has a 1-year low of GBX 173.50 and a 1-year high of GBX 283.00. The company has a 50-day moving average of GBX 221.77 and a 200 day moving average of GBX 220.09.
RIV has been the subject of a number of research reports. Numis Securities Ltd upped their target price on shares of River and Mercantile Group PLC from GBX 210 ($2.56) to GBX 215 ($2.62) and gave the stock an “add” rating in a report on Tuesday, July 5th. Canaccord Genuity raised shares of River and Mercantile Group PLC to a “buy” rating and set a GBX 235 ($2.86) target price for the company in a report on Tuesday, July 5th.
In other news, insider Berry,Jack sold 587 shares of the business’s stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of GBX 225 ($2.74), for a total transaction of £1,320.75 ($1,609.69).
About River and Mercantile Group PLC
River and Mercantile Group PLC, is a United Kingdom-based company engaged in advisory and asset management business with a range of services, from consulting and advisory to fully-delegated fiduciary and fund management. The Company’s services includes: Advisory Division that provides advisory services to the United Kingdom defined benefit pension schemes, the United Kingdom defined contribution schemes, the United States pension schemes and insurance firms.
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