Reckitt Benckiser Group plc (LON:RKT) Insider Kris Licht Sells 3,799 Shares

Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Kris Licht sold 3,799 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of GBX 5,177 ($67.02), for a total transaction of £196,674.23 ($254,627.43).

Reckitt Benckiser Group Stock Performance

RKT traded up GBX 66 ($0.85) on Friday, hitting GBX 5,224 ($67.63). 6,222,892 shares of the stock traded hands, compared to its average volume of 6,449,851. The business has a fifty day moving average price of GBX 5,216.88 and a two-hundred day moving average price of GBX 4,918.86. The company has a current ratio of 0.69, a quick ratio of 0.46 and a debt-to-equity ratio of 110.26. The firm has a market capitalization of £35.64 billion, a PE ratio of 23.91, a P/E/G ratio of 1.10 and a beta of 0.09. Reckitt Benckiser Group plc has a 52 week low of GBX 4,034 ($52.23) and a 52 week high of GBX 5,418 ($70.15).

Reckitt Benckiser Group (LON:RKT - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The company reported GBX 349.70 ($4.53) earnings per share (EPS) for the quarter. Reckitt Benckiser Group had a return on equity of 18.70% and a net margin of 10.78%. On average, research analysts predict that Reckitt Benckiser Group plc will post 331.2110727 EPS for the current fiscal year.

Reckitt Benckiser Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 121.70 ($1.58) per share. This is a positive change from Reckitt Benckiser Group's previous dividend of $80.40. This represents a dividend yield of 2.38%. The ex-dividend date of this dividend is Thursday, April 10th. Reckitt Benckiser Group's payout ratio is 89.69%.

Remove Ads

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.