Premier Foods PLC. (OTCMKTS:PRRFY) to Issue Dividend Increase - $0.16 Per Share

Premier Foods PLC. (OTCMKTS:PRRFY - Get Free Report) declared a dividend on Thursday, June 19th, investing.com reports. Stockholders of record on Monday, June 30th will be paid a dividend of 0.1608 per share on Friday, August 8th. This represents a dividend yield of 1.17%. The ex-dividend date is Friday, June 27th. This is a 72.0% increase from Premier Foods's previous dividend of $0.09.

Premier Foods Price Performance

Shares of OTCMKTS:PRRFY remained flat at $13.70 during trading on Friday. The stock had a trading volume of 3 shares, compared to its average volume of 51. The company has a quick ratio of 1.13, a current ratio of 1.51 and a debt-to-equity ratio of 0.23. Premier Foods has a one year low of $9.66 and a one year high of $14.85. The stock has a fifty day moving average price of $13.69 and a two-hundred day moving average price of $12.49.

Analyst Ratings Changes

Separately, Royal Bank Of Canada lowered Premier Foods from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, May 27th.

Premier Foods Company Profile

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.