Tate & Lyle PLC (OTCMKTS:TATYY - Get Free Report)'s share price gapped down prior to trading on Wednesday . The stock had previously closed at $29.93, but opened at $28.30. Tate & Lyle shares last traded at $28.30, with a volume of 325 shares changing hands.
Analyst Ratings Changes
A number of research analysts have recently weighed in on TATYY shares. Barclays upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 22nd. Citigroup upgraded shares of Tate & Lyle from a "hold" rating to a "strong-buy" rating in a report on Friday, May 16th.
Get Our Latest Stock Analysis on TATYY
Tate & Lyle Price Performance
The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.21 and a current ratio of 2.16. The stock's 50 day moving average price is $30.32 and its two-hundred day moving average price is $30.30.
Tate & Lyle Increases Dividend
The business also recently declared a dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Monday, June 23rd will be given a dividend of $0.6696 per share. This is an increase from Tate & Lyle's previous dividend of $0.33. The ex-dividend date is Friday, June 20th. This represents a yield of 3.19%.
About Tate & Lyle
(
Get Free Report)
Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.
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