UBS Group upgraded shares of Tate & Lyle (OTCMKTS:TATYY - Free Report) to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.
TATYY has been the subject of several other reports. Citigroup upgraded shares of Tate & Lyle from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 16th. Barclays upgraded shares of Tate & Lyle from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 22nd.
View Our Latest Report on Tate & Lyle
Tate & Lyle Trading Up 0.6%
Shares of OTCMKTS TATYY traded up $0.17 during trading on Tuesday, hitting $29.37. 106 shares of the company were exchanged, compared to its average volume of 4,395. The company has a fifty day moving average price of $30.32 and a 200-day moving average price of $30.19. The company has a quick ratio of 1.21, a current ratio of 2.16 and a debt-to-equity ratio of 0.72. Tate & Lyle has a 12-month low of $24.61 and a 12-month high of $44.76.
Tate & Lyle Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Monday, June 23rd will be issued a dividend of $0.6696 per share. The ex-dividend date is Friday, June 20th. This is a boost from Tate & Lyle's previous dividend of $0.33. This represents a dividend yield of 3.19%.
About Tate & Lyle
(
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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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