Bank of Ireland Group (LON:BIRG) Shares Up 1.1%

Bank of Ireland Group plc (LON:BIRG) was up 1.1% during mid-day trading on Monday . The company traded as high as GBX 10.68 ($0.13) and last traded at GBX 10.28 ($0.13). Approximately 33,742 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 707,356 shares. The stock had previously closed at GBX 10.17 ($0.13).

Bank of Ireland Group Stock Performance

The stock’s fifty day simple moving average is GBX 9.18 and its 200-day simple moving average is GBX 8.74. The stock has a market cap of £106.91 million, a P/E ratio of 7.40 and a beta of 1.21.

Bank of Ireland Group Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, June 11th. Investors of record on Thursday, May 9th will be paid a €0.60 ($0.65) dividend. This is a boost from Bank of Ireland Group’s previous dividend of $0.21. This represents a dividend yield of 7.58%. The ex-dividend date of this dividend is Thursday, May 9th. Bank of Ireland Group’s payout ratio is 4,316.55%.

About Bank of Ireland Group

Bank of Ireland Group plc provides various banking and financial products and services. It provides current and savings accounts, and business deposits and accounts; personal, car, home improvement, graduate, motor finance, and student loans, as well as overdrafts; and business and farming loans, green business, insurance premium finance, invoice finance, hire purchase, and leasing services.