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Associated British Foods plc (OTCMKTS:ASBFY) Announces Dividend of $0.23

Associated British Foods logo with Consumer Staples background

Associated British Foods plc (OTCMKTS:ASBFY - Get Free Report) declared a dividend on Saturday, May 24th, investing.com reports. Investors of record on Monday, June 2nd will be given a dividend of 0.2274 per share on Monday, July 21st. This represents a yield of 3.62%. The ex-dividend date is Friday, May 30th.

Associated British Foods Price Performance

ASBFY traded up $0.45 on Tuesday, hitting $28.70. 8,505 shares of the company were exchanged, compared to its average volume of 53,824. Associated British Foods has a twelve month low of $22.69 and a twelve month high of $34.30. The company has a current ratio of 1.78, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $27.24 and a two-hundred day moving average price of $26.11.

Analysts Set New Price Targets

Separately, Royal Bank of Canada cut Associated British Foods from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, May 14th.

Check Out Our Latest Stock Analysis on Associated British Foods

Associated British Foods Company Profile

(Get Free Report)

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.

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Dividend History for Associated British Foods (OTCMKTS:ASBFY)

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