River and Mercantile Group PLC (RIV) to Issue Dividend of GBX 6 on December 15th

River and Mercantile Group PLC (LON:RIV) announced a dividend on Monday, September 25th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 23rd will be given a dividend of GBX 6 ($0.08) per share on Friday, December 15th. This represents a yield of 1.92%. The ex-dividend date of this dividend is Thursday, November 23rd. The official announcement can be viewed at this link.

River and Mercantile Group PLC (RIV) opened at GBX 377.50 ($4.97) on Friday. River and Mercantile Group PLC has a one year low of GBX 205.50 ($2.70) and a one year high of GBX 385 ($5.06).

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RIV has been the subject of a number of research reports. N+1 Singer reissued a “buy” rating and set a GBX 400 ($5.26) target price on shares of River and Mercantile Group PLC in a report on Friday, September 15th. Canaccord Genuity upped their target price on River and Mercantile Group PLC from GBX 355 ($4.67) to GBX 385 ($5.06) and gave the stock a “buy” rating in a research report on Monday, October 30th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 335 ($4.41) target price on shares of River and Mercantile Group PLC in a research report on Monday, September 25th.

In related news, insider Angela Crawford-Ingle acquired 6,263 shares of the stock in a transaction on Monday, September 25th. The stock was acquired at an average price of GBX 317 ($4.17) per share, for a total transaction of £19,853.71 ($26,112.99). Also, insider Chris Rutt sold 7,000 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of GBX 369 ($4.85), for a total value of £25,830 ($33,973.43). Insiders acquired a total of 40,994 shares of company stock worth $13,380,367 over the last ninety days.

River and Mercantile Group PLC Company Profile

River and Mercantile Group PLC is engaged in advisory and asset management business with a range of services, from consulting and advisory to fiduciary and fund management. The Company’s segments include Fiduciary Management Division, Derivative Solutions Division, Equity Solutions Division and Advisory Division.

Dividend History for River and Mercantile Group PLC (LON:RIV)

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