Associated British Foods plc Announces Dividend of GBX 20.70 (LON:ABF)

Posted by Danessa Lincoln on Apr 23rd, 2024

Associated British Foods plc (LON:ABF – Get Free Report) announced a dividend on Tuesday, April 23rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be paid a dividend of GBX 20.70 ($0.26) per share on Friday, July 5th. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, May 30th. The official announcement can be seen at this link.

Associated British Foods Price Performance

ABF opened at GBX 2,755 ($34.03) on Tuesday. Associated British Foods has a one year low of GBX 1,804.50 ($22.29) and a one year high of GBX 2,765 ($34.15). The company has a debt-to-equity ratio of 33.25, a current ratio of 1.83 and a quick ratio of 0.93. The company’s 50 day simple moving average is GBX 2,357.86 and its 200-day simple moving average is GBX 2,294. The stock has a market capitalization of £20.76 billion, a P/E ratio of 2,036.57, a price-to-earnings-growth ratio of 1.37 and a beta of 1.24.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Associated British Foods in a research note on Thursday, April 18th.

Check Out Our Latest Analysis on Associated British Foods

Associated British Foods Company Profile

(Get Free Report)

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.