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The latest update is out from Manx Financial ( (GB:MFX) ).
Manx Financial Group PLC has announced a dividend of 0.6768 pence per Ordinary Share, which shareholders can opt to receive in cash or new shares. The share price for the dividend has been set at 26.349 pence per share, determined by the lowest daily Volume Weighted Average Price over the twenty days leading up to the ex-dividend date, with a cap at a 20% discount. This announcement is significant as it provides shareholders with flexible dividend options, potentially impacting the company’s shareholder engagement and market positioning.
The most recent analyst rating on (GB:MFX) stock is a Buy with a £35.00 price target. To see the full list of analyst forecasts on Manx Financial stock, see the GB:MFX Stock Forecast page.
Spark’s Take on GB:MFX Stock
According to Spark, TipRanks’ AI Analyst, GB:MFX is a Outperform.
The overall stock score of 73 reflects strong financial performance and attractive valuation as the most significant factors. Technical analysis provides mixed signals, indicating potential for support but no strong momentum. The lack of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:MFX stock, click here.
More about Manx Financial
Manx Financial Group PLC operates in the financial services industry, focusing on providing a range of financial products and services. The company is involved in offering dividend options to its shareholders, reflecting its engagement in shareholder value enhancement.
Average Trading Volume: 199,311
Technical Sentiment Signal: Buy
Current Market Cap: £32.32M
Learn more about MFX stock on TipRanks’ Stock Analysis page.