AIB Group (LON:AIBG) Trading Up 1.1% - Here's Why

AIB Group plc (LON:AIBG - Get Free Report)'s share price was up 1.1% during mid-day trading on Tuesday . The company traded as high as GBX 568.39 ($7.67) and last traded at GBX 562 ($7.59). Approximately 30,832 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 32,431 shares. The stock had previously closed at GBX 556 ($7.50).

AIB Group Trading Up 3.2%

The company has a 50 day moving average price of GBX 509.57 and a 200 day moving average price of GBX 492.39. The firm has a market cap of £16.20 billion, a PE ratio of 7.93 and a beta of 1.65.

AIB Group Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, March 27th were given a €0.37 ($0.42) dividend. The ex-dividend date was Thursday, March 27th. This is a positive change from AIB Group's previous dividend of $0.27. This represents a dividend yield of 5.44%. AIB Group's dividend 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.