Bank of Ireland Group (LON:BIRG) Stock Price Up 3.5% - Should You Buy?

Bank of Ireland Group plc (LON:BIRG - Get Free Report) shares were up 3.5% on Monday . The company traded as high as GBX 10.22 ($0.14) and last traded at GBX 10.13 ($0.13). Approximately 156,791 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 310,333 shares. The stock had previously closed at GBX 9.79 ($0.13).

Bank of Ireland Group Stock Down 3.3 %

The company's fifty day moving average price is GBX 10.81 and its two-hundred day moving average price is GBX 9.58. The company has a market cap of £10.15 billion, a price-to-earnings ratio of 6.86 and a beta of 1.15.

Bank of Ireland Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 1st will be paid a €0.28 ($0.32) dividend. This represents a dividend yield of 2.35%. The ex-dividend date is Thursday, May 1st. Bank of Ireland Group's dividend payout ratio is 4,748.04%.

Bank of Ireland Group Company Profile

Bank of Ireland Group is one of the largest financial services groups in Ireland, with total assets of €156 billion at 31 December 2023. We provide a broad range of banking and other financial services. We are organised into four trading segments (Retail Ireland; Wealth & Insurance; Retail UK; and Corporate & Commercial) and one support division (Group Centre) to effectively serve our customers.