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Mears Group Plc ( (GB:MER) ) has provided an update.
Mears Group PLC has announced a proposed final dividend of 11.25p per share for FY24, marking a 23% increase from the previous year, pending shareholder approval at the upcoming AGM. This increase reflects the company’s strong financial performance and commitment to delivering sustainable financial returns to its shareholders.
More about Mears Group Plc
Mears Group PLC is a leading provider of services to the housing sector in the UK, managing and maintaining around 450,000 homes. The company works predominantly with central and local government through long-term contracts, focusing on property management, maintenance, and broader housing solutions. Mears employs over 5,000 people and is committed to long-term outcomes and innovations that enhance quality of life and community wellbeing.
YTD Price Performance: 8.56%
Average Trading Volume: 335,875
Technical Sentiment Signal: Strong Sell
Current Market Cap: £328M
For an in-depth examination of MER stock, go to TipRanks’ Stock Analysis page.