Insider Selling: Reckitt Benckiser Group plc (LON:RKT) Insider Sells 10,344 Shares of Stock

Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Kris Licht sold 10,344 shares of the firm's stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of GBX 4,479 ($56.26), for a total value of £463,307.76 ($581,971.81).

Reckitt Benckiser Group Stock Performance

Shares of Reckitt Benckiser Group stock traded up GBX 7 ($0.09) during trading on Friday, hitting GBX 4,476 ($56.22). 3,321,230 shares of the company's stock were exchanged, compared to its average volume of 2,098,938. Reckitt Benckiser Group plc has a 52-week low of GBX 4,102.64 ($51.53) and a 52-week high of GBX 6,570 ($82.53). The company has a debt-to-equity ratio of 100.80, a quick ratio of 0.46 and a current ratio of 0.64. The stock has a market capitalization of £31.71 billion, a price-to-earnings ratio of 1,971.92, a PEG ratio of 3.76 and a beta of 0.07. The business has a 50-day simple moving average of GBX 4,617.97 and a 200-day simple moving average of GBX 5,236.89.

Reckitt Benckiser Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 24th. Stockholders of record on Thursday, April 11th will be paid a GBX 115.90 ($1.46) dividend. This is an increase from Reckitt Benckiser Group's previous dividend of $76.60. The ex-dividend date is Thursday, April 11th. This represents a dividend yield of 1.99%. Reckitt Benckiser Group's dividend payout ratio is presently 8,502.20%.

Analyst Ratings Changes

Separately, HSBC restated a "hold" rating on shares of Reckitt Benckiser Group in a research note on Thursday, April 18th.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.