Rentokil Initial plc (LON:RTO - Get Free Report) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 3rd will be given a dividend of GBX 5.93 ($0.08) per share on Wednesday, May 14th. This represents a dividend yield of 1.78%. The ex-dividend date is Thursday, April 3rd. This is a 87.7% increase from Rentokil Initial's previous dividend of $3.16. The official announcement can be seen at this link.
Rentokil Initial Stock Performance
LON:RTO traded down GBX 7.52 ($0.10) during midday trading on Friday, reaching GBX 335.18 ($4.32). The stock had a trading volume of 7,333,366 shares, compared to its average volume of 15,271,618. The stock has a market cap of £8.40 billion, a P/E ratio of 21.50, a P/E/G ratio of 0.56 and a beta of 0.55. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35. Rentokil Initial has a 12-month low of GBX 315.30 ($4.07) and a 12-month high of GBX 517.60 ($6.68). The firm has a fifty day simple moving average of GBX 374.73 and a two-hundred day simple moving average of GBX 388.35.
Rentokil Initial (LON:RTO - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported GBX 21.25 ($0.27) earnings per share (EPS) for the quarter. Rentokil Initial had a net margin of 7.25% and a return on equity of 9.50%. On average, equities analysts expect that Rentokil Initial will post 25.8725561 EPS for the current year.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft cut their target price on Rentokil Initial from GBX 485 ($6.26) to GBX 465 ($6.00) and set a "buy" rating for the company in a research note on Friday, March 7th. JPMorgan Chase & Co. lowered their price target on shares of Rentokil Initial from GBX 440 ($5.68) to GBX 430 ($5.55) and set a "neutral" rating on the stock in a research note on Tuesday, January 14th.
Get Our Latest Stock Report on RTO
Insider Buying and Selling
In related news, insider Andy M. Ransom sold 453,914 shares of Rentokil Initial stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of GBX 356 ($4.59), for a total transaction of £1,615,933.84 ($2,084,537.98). Insiders own 0.32% of the company's stock.
About Rentokil Initial
(
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Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.
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