Reckitt Benckiser Group plc (LON:RKT) Increases Dividend to GBX 121.70 Per Share

Reckitt Benckiser Group plc (LON:RKTGet Free Report) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors of record on Thursday, April 10th will be paid a dividend of GBX 121.70 ($1.55) per share on Thursday, May 29th. This represents a dividend yield of 2.38%. The ex-dividend date is Thursday, April 10th. This is a 51.4% increase from Reckitt Benckiser Group’s previous dividend of $80.40. The official announcement can be viewed at this link.

Reckitt Benckiser Group Stock Up 3.6 %

Shares of Reckitt Benckiser Group stock opened at GBX 4,915 ($62.56) on Tuesday. Reckitt Benckiser Group has a one year low of GBX 4,034 ($51.35) and a one year high of GBX 5,418 ($68.97). The company has a market cap of £33.53 billion, a P/E ratio of 22.49, a PEG ratio of 1.10 and a beta of 0.09. The company has a debt-to-equity ratio of 110.26, a quick ratio of 0.46 and a current ratio of 0.69. The firm has a fifty day moving average of GBX 5,228.35 and a two-hundred day moving average of GBX 4,949.54.

Reckitt Benckiser Group (LON:RKTGet Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported GBX 349.70 ($4.45) earnings per share (EPS) for the quarter. Reckitt Benckiser Group had a net margin of 10.78% and a return on equity of 18.70%. On average, analysts forecast that Reckitt Benckiser Group will post 331.2110727 earnings per share for the current year.

Insider Activity

In other news, insider Kris Licht sold 3,799 shares of the stock in a transaction dated Friday, March 21st. The shares were sold at an average price of GBX 5,177 ($65.90), for a total value of £196,674.23 ($250,349.07). Insiders own 0.05% of the company’s stock.

About Reckitt Benckiser Group

(Get Free Report)

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.

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Dividend History for Reckitt Benckiser Group (LON:RKT)

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