Associated British Foods plc (LON:ABF - Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as GBX 2,024 ($25.32) and last traded at GBX 2,025 ($25.33), with a volume of 984280 shares trading hands. The stock had previously closed at GBX 2,037 ($25.48).
Associated British Foods Price Performance
The company has a quick ratio of 0.93, a current ratio of 1.79 and a debt-to-equity ratio of 33.71. The firm's 50-day moving average is GBX 2,180.26 and its 200-day moving average is GBX 2,331.74. The company has a market cap of £15.11 billion, a PE ratio of 1,325.16, a PEG ratio of 1.51 and a beta of 1.24.
Associated British Foods Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, January 10th. Stockholders of record on Thursday, December 12th will be paid a GBX 69.30 ($0.87) dividend. This represents a dividend yield of 3.03%. The ex-dividend date of this dividend is Thursday, December 12th. This is a boost from Associated British Foods's previous dividend of $20.70. Associated British Foods's dividend payout ratio (DPR) is presently 3,483.87%.
Insiders Place Their Bets
In related news, insider Loraine Woodhouse acquired 4,164 shares of the stock in a transaction on Wednesday, November 6th. The stock was acquired at an average price of GBX 2,389 ($29.89) per share, for a total transaction of £99,477.96 ($124,456.35). Also, insider George G. Weston sold 56,653 shares of the business's stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of GBX 2,161 ($27.04), for a total value of £1,224,271.33 ($1,531,679.38). 58.08% of the stock is owned by corporate insiders.
About Associated British Foods
(
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Associated British Foods is a diversified international food, ingredients and retail group with sales of £13.9bn, 128,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia.
Our purpose is to provide safe, nutritious, affordable food, and clothing that is great value for money.
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