Associated British Foods plc Declares Dividend of GBX 20.70 (LON:ABF)

Associated British Foods plc (LON:ABF) announced a dividend on Tuesday, April 23rd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be paid a dividend of GBX 20.70 ($0.26) per share on Friday, July 5th. This represents a yield of 0.83%. The ex-dividend date of this dividend is Thursday, May 30th. The official announcement can be accessed at this link.

Associated British Foods Price Performance

ABF stock opened at GBX 2,692 ($33.25) on Thursday. The company has a debt-to-equity ratio of 33.25, a quick ratio of 0.93 and a current ratio of 1.83. Associated British Foods has a 1 year low of GBX 1,804.50 ($22.29) and a 1 year high of GBX 2,765 ($34.15). The firm has a market cap of £20.28 billion, a P/E ratio of 2,011.19, a price-to-earnings-growth ratio of 1.37 and a beta of 1.24. The stock has a 50-day simple moving average of GBX 2,376.36 and a 200-day simple moving average of GBX 2,302.08.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Associated British Foods in a research note on Thursday, April 18th.

About Associated British Foods

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.