Reckitt Benckiser Group Plc Announces Dividend of GBX 66.60 (RB)
Reckitt Benckiser Group Plc (LON:RB) announced a dividend on Monday, July 24th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 17th will be paid a dividend of GBX 66.60 ($0.87) per share on Friday, September 8th. This represents a dividend yield of 0.84%. The ex-dividend date is Thursday, August 17th. The official announcement can be viewed at this link.
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7716.00 on Monday. Reckitt Benckiser Group Plc has a 52 week low of GBX 6,496.00 and a 52 week high of GBX 8,110.43. The firm’s market cap is GBX 54.02 billion. The company has a 50 day moving average of GBX 7,846.38 and a 200 day moving average of GBX 7,378.38.
In related news, insider Adrian Bellamy purchased 554 shares of Reckitt Benckiser Group Plc stock in a transaction dated Friday, May 19th. The stock was acquired at an average cost of GBX 7,607 ($99.33) per share, with a total value of £42,142.78 ($55,031.05). Also, insider Rakesh Kapoor sold 58,094 shares of the stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of GBX 7,150 ($93.37), for a total transaction of £4,153,721 ($5,424,028.47).
A number of equities analysts recently issued reports on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a GBX 8,000 ($104.47) target price on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 28th. J P Morgan Chase & Co raised their price objective on shares of Reckitt Benckiser Group Plc from GBX 7,250 ($94.67) to GBX 7,300 ($95.33) and gave the company a “neutral” rating in a research report on Tuesday, June 20th. UBS AG set a GBX 7,300 ($95.33) price objective on shares of Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a research report on Wednesday, April 5th. Liberum Capital restated a “buy” rating and set a GBX 7,650 ($99.90) price objective on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, March 29th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 8,500 ($111.00) price objective on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, April 12th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twelve have given a buy rating to the company’s stock. Reckitt Benckiser Group Plc currently has a consensus rating of “Hold” and an average target price of GBX 8,194.40 ($107.00).
Reckitt Benckiser Group Plc Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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