AIB Group (LON:AIBG) Shares Down 1.1% - What's Next?

AIB Group plc (LON:AIBG - Get Free Report) shares traded down 1.1% on Monday . The company traded as low as GBX 548 ($7.09) and last traded at GBX 555 ($7.19). 15,025 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 30,655 shares. The stock had previously closed at GBX 561 ($7.26).

AIB Group Stock Performance

The business has a 50 day simple moving average of GBX 522.62 and a 200-day simple moving average of GBX 467.29. The firm has a market cap of £13.94 billion, a price-to-earnings ratio of 6.82 and a beta of 1.65.

AIB Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, March 27th will be given a €0.37 ($0.40) dividend. This is a positive change from AIB Group's previous dividend of $0.27. This represents a yield of 5.44%. The ex-dividend date of this dividend is Thursday, March 27th. AIB Group's dividend payout ratio is presently 31.44%.

AIB Group Company Profile

AIB Group plc operates predominantly in Ireland and the United Kingdom. Our shares are quoted on the Euronext Dublin and the London stock exchange and we are a member of the FTSE4Good index. Our three core segments are: Retail Banking, Capital Markets and AIB UK. We also operate wholesale treasury activities along with control and support functions.