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MACF Macfarlane Group Plc

143.00
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Macfarlane Group Plc MACF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 143.00 16:35:18
Open Price Low Price High Price Close Price Previous Close
143.00 143.00 145.50 143.00 143.00
more quote information »
Industry Sector
SUPPORT SERVICES

Macfarlane MACF Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
29/02/2024FinalGBP0.026509/05/202410/05/202430/05/2024
24/08/2023InterimGBP0.009414/09/202315/09/202312/10/2023
23/02/2023FinalGBP0.025211/05/202312/05/202301/06/2023
25/08/2022InterimGBP0.00915/09/202216/09/202213/10/2022
24/02/2022FinalGBP0.023312/05/202213/05/202201/06/2022
26/08/2021InterimGBP0.008716/09/202117/09/202114/10/2021
25/02/2021FinalGBP0.018513/05/202114/05/202103/06/2021
27/08/2020InterimGBP0.00710/09/202011/09/202008/10/2020
22/08/2019InterimGBP0.006919/09/201920/09/201910/10/2019
21/02/2019FinalGBP0.016516/05/201917/05/201906/06/2019

Top Dividend Posts

Top Posts
Posted at 29/3/2024 17:27 by pireric
Good to see some more sustained interest in MACF over past months

Eric
Posted at 26/10/2023 07:36 by pireric
Moderately positive implications for MACF from DS Smith today

" As expected, like for like corrugated box volume performance has improved quarter on quarter, albeit remaining below the prior year.

ยท Pricing has remained more resilient than expected, reflecting our strong customer relationships, ongoing innovation and high service levels. Reduced input costs and cost mitigation efforts have broadly offset the price declines."

This should not be an 8x P/E stock, which is the market is currently putting it on.

Eric
Posted at 19/10/2023 10:22 by nchanning
I like the acquisition too , if Macfarlane was trading on 15 times earnings . MACF on about 5.5 x EV/EBITDA , so very comparable to the acquisition and a 300m revenue business with multiple revenue lines is considerably higher quality than a tiny 3m revenue packaging company and should command a much higher multiple . At the very least every textbook on capital allocation would tell you when your stock falls to incredibly cheap levels stop paying a dividend and start buying back stock . I genuinely think if the stock was half this level management would continue to say 'we know the dividend is important' and 'we have been successful with acquisitions in the past so we're going to do more.
Posted at 16/5/2023 08:56 by pireric
Stifel initiated as a Buy today, 145p price target and adjusted earnings forecasts in-line with the other two brokers.

It's good to see MACF entering a few more radars now as that will highlight the incredibly low multiple over time

Eric
Posted at 09/5/2023 07:23 by pireric
Good AGM trading statement
- FY expectations unchanged, so confirming this to be on a P/E of only 9.3. Shore capital make no change to their estimates
- Sales and profits ahead of the prior year
- Packaging distribution sales +4%, Manufacturing Operations +14%
- Gottlieb and Sutton to bolster growth through the balance of the year
- Net bank debt at the end of Q1 was down to £0.1m
- "The growth in both sales and profits we have achieved in the first quarter of 2023 continues to demonstrate the effectiveness of our strategy, the quality of our people and the resilience of our business model."

The company is on track for a 13th straight year of profit growth and the stock remains very mispriced/cheap is my take.

Eric

P.S. 2.52p FY22 dividend to be paid to shareholders on the register on Friday
Posted at 23/2/2023 10:40 by robow
Good results from MACF this morning. Looks cheap to me.
Posted at 29/11/2022 12:21 by whittler100
Something & maybe nothing: I keep a close eye on clustered insider buying. An ex-holding MACF that did pretty ok for me is not normally one that sees insider buying; prior to recent buys, you have to go back a few years to when they actually bought with their own cash at market. Now whilst the recent buys (2 in March/April & 3 in November) are only about £60k-£70k in value, it's encouraging to see. The last TU on 24/11 was solid, not spectacular but confident in meeting expectations. Boring business, I sometimes like boring, attractive valuation, handy yield covered 2.8 x by FCF, decent ROCE & sound FCF conversion & undemanding valuation: current PE around the 9 mark v’s 3-year average PE of 14.7. Not reentered as yet just thinking aloud.
Posted at 28/7/2022 22:56 by svend2
Just keep on going the 'fool' hit the head on the nail this time: By saying ''Finally, Macfarlane shares would boost my passive income stream through dividend payments. The current dividend yield on offer is 2.7%, which is higher than the FTSE 250 average of just under 2%. I am aware that dividends can be cancelled at any time, however.

Overall I do believe that Macfarlane shares could be a great addition to my holdings for long-term growth and consistent returns. I would buy the shares and hold on to them.'' like Duracell batteries keep the lights on and a steady income.
Posted at 26/7/2022 20:32 by tole
https://www.fool.co.uk/2022/07/26/this-stock-could-be-i-of-my-best-shares-to-buy-for-long-term-growth-and-returns/This stock could be 1 of my best shares to buy for long-term growth and returns!This Fool is looking for the best shares to buy now and believes this stock could be a good option for dividends and growth.Jabran Khan?Published 26 July, 3:06 pm BSTMACFFinding the best shares to buy is a core part of my investment strategy. I believe Macfarlane Group (LSE:MACF) is a stock that could grow exponentially over the years as well as provide consistent returns. Could now be a good time for me to buy the shares? Let's take a look.Packaging and labellingAs a quick introduction, Macfarlane is a packaging and labelling business based in Scotland. After being established over 70 years ago, it has grown into one of the largest distributors of packaging products in the UK with over 1,000 employees. It also sells its products into Europe and the US.So what's happening with Macfarlane shares currently? Well, as I write, they're trading for 118p. At this time last year, the stock was trading for 112p, which equates to a 5% return over a 12-month period.The biggest risks to Macfarlane's growth currently are macroeconomic headwinds. Soaring inflation has led to rising cost of raw materials. Furthermore, there is currently a global supply chain crisis that has affected many sectors and industries.Macfarlane could be adversely affected by rising materials costs. Packaging products require lots of raw materials to manufacture. These rising costs could squeeze profit margins, which in turn could affect performance and investor returns. If it decides to put prices up, it could lose business to competitors too.The global supply chain crisis has led to many businesses being unable to provide products to their customers. Macfarlane's sales, performance, and returns could be affected if this crisis continues.The bull caseSo to the positives then. Firstly, the packaging and labelling market has grown massively in recent years. This is linked to the e-commerce boom and the explosion of online shopping, which has been exacerbated by the pandemic. Macfarlane should be able to leverage its dominant market position to grow its business and performance.Next, let's take a look at Macfarlane's performance, although I do understand that past performance is not a guarantee of the future. Looking back, Macfarlane has grown revenue and profit in three out of the past four years. The only year when levels dropped was 2020, this was due to the pandemic. 2021 performance was higher than pre-pandemic levels, which is encouraging.So on to the Macfarlane share price. At current levels, the shares look decent value for money on a price-to-earnings ratio of 13. Many of my best shares to buy have pulled back in the past few months which has thrown up some bargain buys.Finally, Macfarlane shares would boost my passive income stream through dividend payments. The current dividend yield on offer is 2.7%, which is higher than the FTSE 250 average of just under 2%. I am aware that dividends can be cancelled at any time, however.Overall I do believe that Macfarlane shares could be a great addition to my holdings for long-term growth and consistent returns. I would buy the shares and hold on to them.
Posted at 18/4/2022 19:31 by tole
https://www.fool.co.uk/2022/04/18/1-growth-stock-i-expect-to-see-on-the-ftse-100-within-5-years/The FTSE 100 is the premier index in the UK and the holy grail that all listed companies would like to reside on. One growth stock I believe could enter the index within a five-year period is Macfarlane Group (LSE:MACF). I'm planning on buying the shares for my holdings.Labelling and packagingMacfarlane Group is a Scottish-based packaging and labelling business with roots stretching back over 70 years. It is one of the largest distributors of protective packaging products in the UK. Supported by 1,000 employees, its customer base spans the UK, Europe, and the US.As I write, Macfarlane shares are trading for 127p. At this time last year, the shares were trading for 110p, which is a 15% increase over a 12-month period.Labelling and packaging may sound a bit boring. But I'm not looking for thrills, I'm looking for a growth stock with a good track record of performance and one eye on the future. I believe Macfarlane ticks all these boxes.Risks involvedMacfarlane Group could see profit margins squeezed due to rising costs of raw materials and the supply chain crisis.These two macroeconomic factors are affecting many businesses across lots of different sectors currently.If Macfarlane cannot fulfil orders due to the supply chain crisis, this could affect performance, growth, and returns. Furthermore, if raw materials are costing more, it may need to charge more to keep profits up. This could result in a loss of customers to competitors.A growth stock I'd buy for my holdingsFor any stock to continue growing organically along with acquisitions, I believe it must be on sound financial footing. I usually review a firm's trading record and balance sheet. I do understand that past performance is not a guarantee of the future, however.Macfarlane has increased revenue and profit year-on-year between 2018 and 2021 (aside from a small drop in 2020 due to the pandemic). Its 2021 annual report was released last month and made for excellent reading, in my opinion.Another reason I believe Macfarlane is a growth stock with lots of potential ahead is due to the market it operates in. Packaging and labelling is thriving right now due to the rise of e-commerce and is set to grow. In fact, the pandemic only exacerbated online shopping and the demand for packaging and labelling products.At current levels Macfarlane Group shares look cheap to me with a price-to-earnings ratio of 14. In addition to this, buying the shares now would help me build a passive income stream. Macfarlane has a dividend yield of over 2.5%, which is already higher than the FTSE 250 average yield.I do believe Macfarlane Group is an exciting growth stock with lots of potential ahead. At current levels the shares are cheap and pay a dividend. Macfarlane has a consistent record of growing performance and completes acquisitions to enhance its offering too. It is also operating in a burgeoning sector thanks to the rise of e-commerce. I will be buying the shares for my holdings and holding them for the long term.

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