Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) hit a new 52-week low on Friday . The company traded as low as $27.29 and last traded at $27.77, with a volume of 16263 shares traded. The stock had previously closed at $28.75.
Associated British Foods Stock Performance
The business has a 50-day simple moving average of $29.85 and a two-hundred day simple moving average of $31.63. The company has a current ratio of 1.79, a quick ratio of 0.91 and a debt-to-equity ratio of 0.29.
Associated British Foods Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, December 13th will be given a dividend of $0.9028 per share. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Associated British Foods’s previous dividend of $0.21.
Associated British Foods Company Profile
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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