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

Reckitt Benckiser Group plc (LON:RKTGet Free Report) declared a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Stockholders 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 seen at this link.

Reckitt Benckiser Group Stock Performance

LON RKT opened at GBX 4,895 ($62.31) on Tuesday. Reckitt Benckiser Group has a 52-week low of GBX 4,034 ($51.35) and a 52-week high of GBX 5,418 ($68.97). The stock has a market cap of £33.40 billion, a PE ratio of 22.40, a P/E/G ratio of 1.10 and a beta of 0.09. The firm has a 50-day moving average of GBX 5,228.35 and a 200-day moving average of GBX 4,949.54. The company has a debt-to-equity ratio of 110.26, a quick ratio of 0.46 and a current ratio of 0.69.

Reckitt Benckiser Group (LON:RKTGet Free Report) last issued its quarterly earnings data 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, sell-side analysts anticipate that Reckitt Benckiser Group will post 331.2110727 EPS 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 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). 0.05% of the stock is currently owned by corporate insiders.

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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