Dr. Martens plc to Issue Dividend of GBX 0.85 (LON:DOCS)

Dr. Martens plc (LON:DOCS) declared a dividend on Thursday, November 28th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, March 6th will be paid a dividend of GBX 0.85 ($0.01) per share on Tuesday, April 8th. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, March 6th. The official announcement can be seen at this link.

Dr. Martens Trading Up 11.9 %

LON DOCS opened at GBX 64.65 ($0.82) on Thursday. Dr. Martens has a 52 week low of GBX 49.32 ($0.63) and a 52 week high of GBX 115.30 ($1.46). The firm has a 50 day moving average of GBX 55.99 and a two-hundred day moving average of GBX 68.45. The company has a quick ratio of 1.13, a current ratio of 2.85 and a debt-to-equity ratio of 129.55. The stock has a market capitalization of £621.75 million, a PE ratio of 939.29, a price-to-earnings-growth ratio of 6.40 and a beta of 0.11.

Insider Activity at Dr. Martens

In related news, insider Kenny Wilson acquired 30,000 shares of Dr. Martens stock in a transaction dated Thursday, September 26th. The stock was acquired at an average price of GBX 55 ($0.70) per share, for a total transaction of £16,500 ($20,917.85). Also, insider Andrew Harrison purchased 58,220 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The shares were bought at an average price of GBX 52 ($0.66) per share, for a total transaction of £30,274.40 ($38,380.32). Insiders have acquired 88,709 shares of company stock valued at $4,707,573 over the last quarter. 4.36% of the stock is owned by insiders.

About Dr. Martens

Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.