AIB Group plc (LON:AIBG) Plans Dividend Increase - €0.37 Per Share

AIB Group plc (LON:AIBG - Get Free Report) declared a dividend on Wednesday, March 5th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of €0.37 ($0.40) per share on Friday, May 9th. This represents a dividend yield of 5.44%. The ex-dividend date is Thursday, March 27th. This is a 39.2% increase from AIB Group's previous dividend of $0.27. The official announcement can be accessed at this link.

AIB Group Price Performance

LON:AIBG traded down GBX 7.19 ($0.09) during mid-day trading on Friday, hitting GBX 497.31 ($6.44). 37,263 shares of the company's stock were exchanged, compared to its average volume of 31,106. The company has a market cap of £13.89 billion, a PE ratio of 6.80 and a beta of 1.65. AIB Group has a one year low of GBX 394.75 ($5.11) and a one year high of GBX 609 ($7.88). The business has a fifty day moving average price of GBX 523.31 and a 200 day moving average price of GBX 467.66.

About AIB Group

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.