Tate & Lyle plc Plans Dividend of GBX 6.40 (LON:TATE)

Tate & Lyle plc (LON:TATE - Get Free Report) declared a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 6.40 ($0.08) per share on Monday, January 6th. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, November 21st. The official announcement can be accessed at this link.

Tate & Lyle Stock Performance

LON TATE traded up GBX 15 ($0.20) during trading hours on Thursday, reaching GBX 789 ($10.27). The company's stock had a trading volume of 1,166,828 shares, compared to its average volume of 2,116,922. The business has a 50-day simple moving average of GBX 709.44 and a 200 day simple moving average of GBX 672.51. The stock has a market cap of £2.99 billion, a PE ratio of 1,781.16, a PEG ratio of 1.37 and a beta of 0.50. The company has a current ratio of 3.22, a quick ratio of 1.77 and a debt-to-equity ratio of 47.62. Tate & Lyle has a 52 week low of GBX 587 ($7.64) and a 52 week high of GBX 848.50 ($11.05).

Insider Activity

In related news, insider David Hearn acquired 15,500 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were acquired at an average price of GBX 655 ($8.53) per share, for a total transaction of £101,525 ($132,159.59). Corporate insiders own 2.22% of the company's stock.

Tate & Lyle Company Profile

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.