Associated British Foods plc (LON:ABF) posted its earnings results on Tuesday, November 7th. The company reported GBX 127.10 ($1.67) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 125.90 ($1.66) by GBX 1.20 ($0.02), Bloomberg Earnings reports. Associated British Foods plc had a net margin of 7.01% and a return on equity of 12.97%. The firm had revenue of GBX 1,535.70 billion during the quarter.
Associated British Foods plc (LON:ABF) opened at GBX 3,043 ($40.02) on Friday. Associated British Foods plc has a 12 month low of GBX 2,335 ($30.71) and a 12 month high of GBX 3,387 ($44.55).
The company also recently announced a dividend, which will be paid on Friday, January 12th. Investors of record on Thursday, December 14th will be paid a dividend of GBX 29.65 ($0.39) per share. The ex-dividend date is Thursday, December 14th. This represents a dividend yield of 0.97%. This is an increase from Associated British Foods plc’s previous dividend of $11.35.
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About Associated British Foods plc
Associated British Foods plc is an international food, ingredients and retail company. The Company’s segments include grocery, sugar, agriculture, ingredients and retail. Its geographical segments include the United Kingdom, Europe and Africa, the Americas and Asia Pacific. The grocery segment manufactures grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, herbs and spices, and meat products, which are sold to retail, wholesale and foodservice businesses.
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