Reckitt Benckiser Group Plc (RB) to Issue Dividend of GBX 66.60
Reckitt Benckiser Group Plc (LON:RB) declared a dividend on Monday, July 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 17th will be given a dividend of GBX 66.60 ($0.86) per share on Thursday, September 28th. This represents a dividend yield of 0.87%. The ex-dividend date is Thursday, August 17th. The official announcement can be seen at this link.
Reckitt Benckiser Group Plc (LON RB) traded down 1.32% on Friday, hitting GBX 7257.00. 964,485 shares of the stock were exchanged. The company’s 50-day moving average is GBX 7,571.65 and its 200-day moving average is GBX 7,463.06. 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 company’s market cap is GBX 51.05 billion.
RB has been the subject of a number of research reports. Jefferies Group LLC restated a “buy” rating and set a GBX 8,000 ($103.86) price objective 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 Reckitt Benckiser Group Plc from GBX 6,750 ($87.63) to GBX 7,250 ($94.12) and gave the stock a “neutral” rating in a research report on Monday, May 8th. Societe Generale set a GBX 8,900 ($115.54) price objective on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a research report on Thursday, June 22nd. Citigroup Inc. reiterated a “buy” rating and set a GBX 9,100 ($118.14) price target on shares of Reckitt Benckiser Group Plc in a report on Tuesday, June 6th. Finally, Barclays PLC reduced their price target on Reckitt Benckiser Group Plc from GBX 7,230 ($93.86) to GBX 7,100 ($92.17) and set an “equal weight” rating for the company in a report on Wednesday, April 26th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have issued a buy rating to the company’s stock. Reckitt Benckiser Group Plc presently has a consensus rating of “Hold” and an average price target of GBX 8,129.38 ($105.54).
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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