Reckitt Benckiser Group Plc Declares Dividend of GBX 66.60 (RB)

Reckitt Benckiser Group Plc (LON:RB) announced a dividend on Monday, July 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 17th will be paid a dividend of GBX 66.60 ($0.86) per share on Friday, September 8th. This represents a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, August 17th. The official announcement can be accessed at this link.

Reckitt Benckiser Group Plc (LON:RB) traded down 1.32% during mid-day trading on Friday, reaching GBX 7257.00. The company had a trading volume of 964,485 shares. Reckitt Benckiser Group Plc has a one year low of GBX 6,496.00 and a one year high of GBX 8,110.43. The company’s 50-day moving average is GBX 7,571.65 and its 200-day moving average is GBX 7,463.06. The stock’s market capitalization is GBX 51.05 billion.

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RB has been the topic of a number of research reports. Numis Securities Ltd reiterated an “add” rating and issued a GBX 8,000 ($103.86) price objective on shares of Reckitt Benckiser Group Plc in a research note on Monday, April 24th. BNP Paribas set a GBX 8,000 ($103.86) price target on shares of Reckitt Benckiser Group Plc and gave the company a “buy” rating in a research report on Monday, April 24th. Kepler Capital Markets restated a “buy” rating and set a GBX 8,100 ($105.15) price target on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 21st. Berenberg Bank restated a “buy” rating and set a GBX 8,500 ($110.35) price target on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, April 25th. Finally, Liberum Capital restated a “buy” rating and set a GBX 7,650 ($99.31) price target on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 21st. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have assigned a buy rating to the company. Reckitt Benckiser Group Plc presently has an average rating of “Hold” and an average price target of GBX 8,129.38 ($105.54).

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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