Glanbia plc (LON:GLB) to Issue Dividend Increase - €0.23 Per Share

Glanbia plc (LON:GLB - Get Free Report) announced a dividend on Wednesday, February 26th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be paid a dividend of €0.23 ($0.25) per share on Friday, May 2nd. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 49.2% increase from Glanbia's previous dividend of $0.16. The official announcement can be viewed at this link.

Glanbia Stock Down 7.3 %

GLB traded down GBX 0.83 ($0.01) on Friday, hitting GBX 10.61 ($0.14). 8,565 shares of the company were exchanged, compared to its average volume of 51,626. Glanbia has a twelve month low of GBX 9.93 ($0.13) and a twelve month high of GBX 19.62 ($0.25). The company has a market cap of £2.70 billion, a price-to-earnings ratio of 21.05, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47. The company has a current ratio of 1.63, a quick ratio of 0.86 and a debt-to-equity ratio of 48.90. The firm has a 50-day moving average price of GBX 12.96 and a two-hundred day moving average price of GBX 14.19.

Glanbia Company Profile

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.