Manx Telecom PLC (MANX) Raises Dividend to GBX 7.90 Per Share

Manx Telecom PLC (LON:MANX) announced a dividend on Friday, March 29th, Upcoming.Co.Uk reports. Shareholders of record on Wednesday, May 8th will be paid a dividend of GBX 7.90 ($0.10) per share on Thursday, May 23rd. This represents a yield of 3.65%. The ex-dividend date is Wednesday, May 8th. This is an increase from Manx Telecom’s previous dividend of $4.10. The official announcement can be viewed at this link.

Shares of MANX stock opened at GBX 214.95 ($2.81) on Tuesday. Manx Telecom has a 12 month low of GBX 148.50 ($1.94) and a 12 month high of GBX 265.50 ($3.47). The company has a market cap of $247.40 million and a price-to-earnings ratio of 20.67. The company has a debt-to-equity ratio of 83.06, a current ratio of 1.17 and a quick ratio of 1.14.

MANX has been the subject of a number of research reports. Peel Hunt reaffirmed a “buy” rating on shares of Manx Telecom in a report on Wednesday, March 13th. Liberum Capital reaffirmed a “buy” rating on shares of Manx Telecom in a report on Wednesday, January 16th. Finally, Barclays dropped their price target on shares of Manx Telecom from GBX 200 ($2.61) to GBX 190 ($2.48) and set an “overweight” rating for the company in a research report on Monday, February 4th.

COPYRIGHT VIOLATION WARNING: This piece of content was posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The legal version of this piece of content can be accessed at

About Manx Telecom

Manx Telecom plc provides a range of telecommunications services to consumers, businesses, and the public sector in the Isle of Man and internationally. It operates through five segments: Fixed Line, Broadband and Data; Mobile; Global Solutions; Data Centre; and Other. The Fixed Line, Broadband and Data segment offers fixed line, broadband, and connectivity services to approximately 37,000 homes and 4,000 businesses.

Featured Story: Leveraged Buyout (LBO)

Dividend History for Manx Telecom (LON:MANX)

Receive News & Ratings for Manx Telecom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manx Telecom and related companies with's FREE daily email newsletter.