Associated British Foods plc (LON:ABF) announced a dividend on Tuesday, November 5th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, December 12th will be paid a dividend of GBX 34.30 ($0.45) per share on Friday, January 10th. This represents a yield of 1.44%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Associated British Foods’s previous dividend of $12.05. The official announcement can be seen at this link.
Shares of LON:ABF opened at GBX 2,494.68 ($32.82) on Tuesday. Associated British Foods has a 52-week low of GBX 2,011 ($26.45) and a 52-week high of GBX 2,601.34 ($34.22). The company has a market capitalization of $19.78 billion and a PE ratio of 22.45. The company has a debt-to-equity ratio of 6.16, a quick ratio of 0.91 and a current ratio of 1.82. The company has a fifty day moving average of GBX 2,407.18 and a 200-day moving average of GBX 2,372.07.
In related news, insider Ruth Cairnie acquired 1,110 shares of the stock in a transaction dated Wednesday, September 11th. The stock was bought at an average cost of GBX 2,231 ($29.35) per share, for a total transaction of £24,764.10 ($32,575.77). Also, insider John Bason sold 20,827 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of GBX 2,536 ($33.36), for a total value of £528,172.72 ($694,781.27).
About Associated British Foods
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, 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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