Reckitt Benckiser Group Plc (LON:RB) to Issue Dividend of GBX 66.60 on September 28th

Reckitt Benckiser Group Plc (LON:RB) announced a dividend on Monday, July 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 17th will be paid a dividend of GBX 66.60 ($0.87) per share on Thursday, September 28th. This represents a dividend yield of 0.87%. The ex-dividend date is Thursday, August 17th. The official announcement can be seen at this link.

Reckitt Benckiser Group Plc (LON:RB) opened at 7352.00 on Friday. Reckitt Benckiser Group Plc has a 1-year low of GBX 6,496.00 and a 1-year high of GBX 8,110.43. The firm’s market capitalization is GBX 51.72 billion. The company has a 50-day moving average price of GBX 7,635.84 and a 200 day moving average price of GBX 7,448.62.

In other news, insider Adrian Bellamy acquired 554 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was acquired at an average cost of GBX 7,607 ($99.06) per share, for a total transaction of £42,142.78 ($54,880.56).

RB has been the subject of several recent analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 8,000 ($104.18) target price on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 28th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, May 2nd. Shore Capital reaffirmed a “hold” rating on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 21st. Kepler Capital Markets reaffirmed a “buy” rating and issued a GBX 8,100 ($105.48) target price on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, July 18th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and issued a GBX 6,400 ($83.34) target price on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 8,129.38 ($105.87).

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Reckitt Benckiser Group Plc Company Profile

Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).

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