Reckitt Benckiser Group plc (LON:RKT) to Issue Dividend Increase – 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 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 accessed at this link.

Reckitt Benckiser Group Stock Performance

LON RKT opened at GBX 4,915 ($62.56) on Tuesday. Reckitt Benckiser Group has a 1 year low of GBX 4,034 ($51.35) and a 1 year high of GBX 5,418 ($68.97). The company has a debt-to-equity ratio of 110.26, a current ratio of 0.69 and a quick ratio of 0.46. The company has a market capitalization of £33.53 billion, a PE ratio of 22.49, a P/E/G ratio of 1.10 and a beta of 0.09. The company 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 released its quarterly earnings results on Thursday, March 6th. The company reported GBX 349.70 ($4.45) EPS for the quarter. Reckitt Benckiser Group had a return on equity of 18.70% and a net margin of 10.78%. As a group, analysts expect that Reckitt Benckiser Group will post 331.2110727 earnings per share for the current year.

Insider Activity at Reckitt Benckiser Group

In other Reckitt Benckiser Group news, insider Kris Licht sold 3,799 shares of Reckitt Benckiser Group stock in a transaction on 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). 0.05% of the stock is owned by insiders.

Reckitt Benckiser Group Company Profile

(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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