Haleon plc (LON:HLN) Plans Dividend Increase - GBX 4.60 Per Share

Haleon plc (LON:HLN - Get Free Report) announced a dividend on Thursday, February 27th, DividendData.Co.Uk reports. Shareholders of record on Thursday, April 24th will be paid a dividend of GBX 4.60 ($0.06) per share on Thursday, June 5th. This represents a yield of 1.18%. The ex-dividend date is Thursday, April 24th. This is a 130.0% increase from Haleon's previous dividend of $2.00. The official announcement can be accessed at this link.

Haleon Stock Performance

Shares of LON HLN traded up GBX 1.15 ($0.02) during midday trading on Friday, reaching GBX 377.75 ($5.03). 48,030,980 shares of the stock were exchanged, compared to its average volume of 26,987,539. The company has a quick ratio of 0.93, a current ratio of 0.84 and a debt-to-equity ratio of 53.36. The firm has a market cap of £34.09 billion, a price-to-earnings ratio of 31.77, a PEG ratio of 1.49 and a beta of 0.19. The firm has a 50-day simple moving average of GBX 386.42 and a two-hundred day simple moving average of GBX 379.65. Haleon has a twelve month low of GBX 319.84 ($4.26) and a twelve month high of GBX 417.70 ($5.56).

Haleon (LON:HLN - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The company reported GBX 15.80 ($0.21) EPS for the quarter. Haleon had a return on equity of 6.54% and a net margin of 9.66%. As a group, analysts anticipate that Haleon will post 19.5033282 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lifted their target price on shares of Haleon from GBX 456 ($6.07) to GBX 457 ($6.09) and gave the company a "buy" rating in a report on Friday, February 28th.

About Haleon

Haleon LSE / NYSE: HLN is a world-leading consumer health company, with a clear purpose to deliver better everyday health with humanity. In July 2022, it listed as an independent company on the London and New York Stock Exchanges. Haleon's portfolio spans five global categories including Oral Health, Vitamins, Minerals and Supplements (VMS), Pain Relief, Respiratory Health and Digestive Health and other.