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MRO Melrose Industries Plc

622.80
-7.80 (-1.24%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Melrose Industries Plc MRO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-7.80 -1.24% 622.80 16:35:05
Open Price Low Price High Price Close Price Previous Close
624.60 616.00 629.00 622.80 630.60
more quote information »
Industry Sector
INDUSTRIAL ENGINEERING

Melrose Industries MRO Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
07/03/2024FinalGBP0.03528/03/202402/04/202408/05/2024
07/09/2023InterimGBP0.01514/09/202315/09/202320/10/2023
02/03/2023FinalGBP0.01509/03/202310/03/202311/04/2023
08/09/2022InterimGBP0.0082515/09/202216/09/202220/10/2022
03/03/2022FinalGBP0.0107/04/202208/04/202220/05/2022
02/09/2021InterimGBP0.007509/09/202110/09/202115/10/2021
04/03/2021FinalGBP0.007501/04/202106/04/202119/05/2021
05/09/2019InterimGBP0.01712/09/201913/09/201911/10/2019
InterimGBP0.01711/09/201913/09/201911/10/2019

Top Dividend Posts

Top Posts
Posted at 14/3/2024 13:17 by gettingrichslow
Yertiz, if you take a look at Louis’s previous posts you’ll see it’s our old ‘friend’ Minerve! Lots of ROFLMAOs, guffaws and Brexit references give it away within 30 seconds of reading them! Plus all the old claims of ‘being successful’ blah blah. All of which we exposed as delusional all those years ago! From memory he was very bitter and twisted when we were making a killing on MRO circa 2016-2018, and then got very upset when the GKN takeover was happening. He also makes it clear here that he is not a multi-millionaire as he constantly claimed for years, because he seems to think that anyone who can max out their ISA is ‘privileged217; rather than just hard-working and reasonably well paid. I did explain to him years ago that salaries >£150k in the City are not only typical nowadays but often actually considered very low by those earning salaries with one or even two extra noughts on the end!
Posted at 14/3/2024 10:28 by yertiz
Mr Brandels, are you actually invested in GKN/MRO/DWL or are you here as an interested observer? Asking for a friend.....
Posted at 13/3/2024 23:51 by gettingrichslow
Looking forward to this British ISA getting launched. The current £20k limit is far too low for anyone earning a half decent income so at least this will mean a couple have got a £50k allowance which is at least somewhere to put spare cash each year. Hopefully MRO will be eligible when they release the details.
Posted at 13/3/2024 12:01 by yertiz
Someone has touched a nerve. Business is business. If Melrose hadn't moved in with their hostile bid for GKN, it was highly likely another co would have done and probably with less scruples and foresight MRO has shown.As it stands, the slightly more streamlined, honed and credible business GKN/MRO now provides is a good thing, moving with the times rather than languishing in the 20th Century with the inefficiencies that brought. Dowlais is still a relatively new company still finding it's feet and position, but like all manufacturers and engineers, subject to the many woes of our economy post COVID, credit crunch and our ineffectively actioned Brexit. Does investing in Melrose mean we have no values? Really??
Posted at 08/3/2024 22:13 by gettingrichslow
Louis, don’t agree with your characterisation of what’s happened with GKN - GKN was steadily on the decline and the trajectory it was on would have eventually led to bad outcomes for its employees and the areas in which the sites are based. MRO have turned that around, and in the long run that will result in better outcomes for the ex-GKN employees as well as shareholders on both sides. It’s a dog eat dog world and only the fittest survive. The people you’re concerned about are better off now than they would’ve been.
Posted at 07/3/2024 14:02 by gargoyle2
If Dowlais's forecasts are anywhere near accurate (EPS of 14.7p last year, 16.7p this year. with a 4.2p dividend), it's pretty cheap at this level. (Probably for the DWL board though!)
Posted at 07/3/2024 10:51 by yertiz
Very long term holder here. Previous ethos of MRO was to 'buy, improve then sell' usually with a great profit and returns to shareholders. I've lost track of how much Melrose has made for me over 23 years, but it must run into many thousands of £££'s. Just now wondering if there has been a major shift in the co's modus operandi and are now content in holding on to the remains of GKN? Dowlais seem to have hit the buffers, not making much headway, sadly.
Posted at 12/9/2023 15:02 by 1justine
Put MRO and DWL together and what has the demerger thrown up for the small shareholder so far — a lemon. They should have stuck to the strategy they committed to at the time of the GKN acquisition.
Posted at 08/9/2023 15:29 by yertiz
All down to the news that a couple of MRO founders are stepping aside and the Aerospace division, which I thought would be offloaded and sold on for a big profit is being retained. The little uncertainty around the announcement has caused a bit of a dip, but I strongly believe the management are well equipped to make this a greater success. I'm holding and happy.
Posted at 21/4/2023 12:23 by typo56
For CGT, you should use the closing prices on the first day of trading following demerger and apportion the acquisition cost of your original MRO shares accordingly.

In this case it's quite simple, as there are the same number of MRO shares as DWL shares so the numbers are:-

MRO 413.45
DWL 117.20

Therefore:

413.45/530.65 (77.91%) of your original acquisition cost should be apportioned to your MRO shares

117.20/530.65 (22.09%) of your original acquisition cost should be apportioned to your DWL shares

At least, that's my understanding. Much the same as steeplejack's result but by the HMRC method.


Example
You originally bought 3,000 shares MRO shares at 110p per share (net of dealer costs and stamp duty)

The original acquisition cost is therefore £3300.

You now have 1,000 MRO shares with an acquisition cost of 3300*413.45/530.65 = £2571.16 or 257.126p per share.

Plus 1,000 DWL shares with an acquisition cost of 3300*117.20/530.65 = £728.84 or 72.884p per share.

(if you've done the sums correctly you should find you have the same % profit at close last night on your MRO and DWL shares, 62.2% in this case)

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