Glanbia plc (LON:GLB) Raises Dividend to €0.23 Per Share

Glanbia plc (LON:GLB) declared a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be given a dividend of €0.23 ($0.25) per share on Friday, May 2nd. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 49.2% increase from Glanbia’s previous dividend of $0.16. The official announcement can be viewed at this link.

Glanbia Price Performance

GLB stock traded up GBX 0.10 ($0.00) during trading on Tuesday, hitting GBX 10.40 ($0.14). The stock had a trading volume of 14,014 shares, compared to its average volume of 52,190. The company’s 50 day moving average price is GBX 13.18 and its two-hundred day moving average price is GBX 14.31. Glanbia has a 1-year low of GBX 9.93 ($0.13) and a 1-year high of GBX 19.62 ($0.25). The stock has a market cap of £2.65 billion, a price-to-earnings ratio of 20.63, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47. The company has a debt-to-equity ratio of 48.90, a quick ratio of 0.86 and a current ratio of 1.63.

About Glanbia

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.