Kerry Group PLC Plans Dividend of $0.47 (OTCMKTS:KRYAY)

Key Points

• Kerry Group PLC announced a dividend of $0.4656 per share, which is set to be paid on November 17th to shareholders of record as of October 13th.
• The company has a debt-to-equity ratio of 0.42 and is currently trading between its one-year low of $88.36 and a high of $113.38.
• Overall, analysts maintain a consensus rating of "Buy" for Kerry Group, with varying ratings ranging from Strong Buy to Hold from different investment firms.

Kerry Group PLC (OTCMKTS:KRYAY - Get Free Report) declared a dividend on Wednesday, October 1st, investing.com reports. Shareholders of record on Monday, October 13th will be paid a dividend of 0.4656 per share on Monday, November 17th. This represents a yield of 159.0%. The ex-dividend date of this dividend is Friday, October 10th.

Kerry Group Price Performance

Shares of KRYAY stock opened at $89.97 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.99 and a current ratio of 1.37. The company's 50-day simple moving average is $93.47 and its two-hundred day simple moving average is $102.27. Kerry Group has a one year low of $88.36 and a one year high of $113.38.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. UBS Group restated a "neutral" rating on shares of Kerry Group in a research note on Thursday, September 25th. Jefferies Financial Group restated a "buy" rating on shares of Kerry Group in a research note on Friday, September 12th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Kerry Group in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Kerry Group presently has a consensus rating of "Buy".

Kerry Group Company Profile

Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company operates in two segments, Taste & Nutrition, and Dairy Ireland. The Taste & Nutrition segment offers taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The Dairy Ireland segment provides value-add dairy ingredients and consumer products, including functional proteins and nutritional bases.

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