AIB Group (LON:AIBG) Reaches New 1-Year High at $442.00

AIB Group plc (LON:AIBG - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 442 ($5.55) and last traded at GBX 442 ($5.55), with a volume of 2009220 shares traded. The stock had previously closed at GBX 421.50 ($5.30).

AIB Group Price Performance

The company's 50 day moving average price is GBX 406.04 and its 200 day moving average price is GBX 368.19. The firm has a market cap of £11.63 billion, a PE ratio of 683.08 and a beta of 1.70.

AIB Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, March 21st will be paid a dividend of €0.27 ($0.29) per share. This represents a dividend yield of 6.03%. This is a positive change from AIB Group's previous dividend of $0.06. The ex-dividend date is Thursday, March 21st. AIB Group's dividend payout ratio is presently 3,538.46%.

Insider Buying and Selling

In other AIB Group news, insider Tanya Horgan acquired 10,000 shares of the company's stock in a transaction dated Friday, March 8th. The shares were acquired at an average price of GBX 443 ($5.57) per share, for a total transaction of £44,300 ($55,653.27). Insiders own 38.98% of the company's stock.

AIB Group Company Profile

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland and the United Kingdom. It operates through Retail Banking, AIB Capital Markets, and AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits.