Reckitt Benckiser Group Plc (LON:RB) announced a dividend on Tuesday, July 30th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 22nd will be paid a dividend of GBX 73 ($0.95) per share on Thursday, September 26th. This represents a yield of 1.13%. The ex-dividend date is Thursday, August 22nd. The official announcement can be viewed at this link.

Shares of LON:RB opened at GBX 6,269 ($81.92) on Tuesday. The company’s fifty day moving average is GBX 6,343.12 and its two-hundred day moving average is GBX 6,217.32. The company has a quick ratio of 0.43, a current ratio of 0.59 and a debt-to-equity ratio of 85.08. Reckitt Benckiser Group has a 12-month low of GBX 5,559 ($72.64) and a 12-month high of GBX 7,174 ($93.74). The company has a market cap of $43.91 billion and a P/E ratio of 31.47.

Several equities analysts have recently commented on the stock. Royal Bank of Canada restated an “underperform” rating and set a GBX 5,900 ($77.09) price target on shares of Reckitt Benckiser Group in a report on Monday, August 5th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Reckitt Benckiser Group in a report on Wednesday, August 7th. Goldman Sachs Group set a GBX 7,200 ($94.08) price target on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a report on Tuesday, July 30th. Barclays set a GBX 7,700 ($100.61) price target on shares of Reckitt Benckiser Group and gave the company a “buy” rating in a report on Wednesday, July 31st. Finally, Morgan Stanley restated an “overweight” rating on shares of Reckitt Benckiser Group in a report on Monday, July 15th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the stock. Reckitt Benckiser Group presently has a consensus rating of “Hold” and a consensus target price of GBX 7,148.33 ($93.41).

In other Reckitt Benckiser Group news, insider Christopher Sinclair acquired 1,076 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The stock was purchased at an average cost of GBX 6,375 ($83.30) per share, for a total transaction of £68,595 ($89,631.52).

About Reckitt Benckiser Group

Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.

Read More: Why is the ex-dividend date different from the record date?

Dividend History for Reckitt Benckiser Group (LON:RB)

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