Shares of Glanbia plc (LON:GLB) reached a new 52-week high on Tuesday . The stock traded as high as GBX 18.88 ($0.25) and last traded at GBX 18.75 ($0.25), with a volume of 25802 shares trading hands. The stock had previously closed at GBX 1,856 ($24.25).
Separately, Barclays restated an “equal weight” rating and issued a GBX 1,680 ($21.95) price objective on shares of Glanbia in a report on Monday, December 17th.
The business also recently announced a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 14th will be paid a €0.14 ($0.17) dividend. This represents a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from Glanbia’s previous dividend of $0.10.
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Glanbia Company Profile (LON:GLB)
Glanbia plc operates as a nutrition company worldwide. It operates through three segments: Glanbia Performance Nutrition, Glanbia Nutritionals, and Glanbia Ireland Joint Venture. The Glanbia Performance Nutrition segment offers powders, bars and snacking food, and ready-to-drink beverages through various channels, including specialty retail, the Internet, and gyms, as well as food, drug, mass, and club channels.
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