AIB Group (LON:AIBG) Hits New 52-Week High - What's Next?

AIB Group plc (LON:AIBG - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 610 ($8.21) and last traded at GBX 610 ($8.21), with a volume of 43671 shares traded. The stock had previously closed at GBX 580 ($7.81).

AIB Group Stock Performance

The stock has a market capitalization of £17.04 billion, a price-to-earnings ratio of 8.34 and a beta of 1.65. The company has a 50-day moving average of GBX 510.75 and a 200-day moving average of GBX 494.27.

AIB Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 9th. Investors of record on Thursday, March 27th were given a dividend of €0.37 ($0.42) per share. This is an increase from AIB Group's previous dividend of $0.27. This represents a dividend yield of 5.44%. The ex-dividend date of this dividend was Thursday, March 27th. AIB Group's payout ratio is currently 31.44%.

AIB Group Company Profile

AIB Group plc operates predominantly in Ireland and the United Kingdom. Our shares are quoted on the Euronext Dublin and the London stock exchange and we are a member of the FTSE4Good index. Our three core segments are: Retail Banking, Capital Markets and AIB UK. We also operate wholesale treasury activities along with control and support functions.