Tate & Lyle plc (OTCMKTS:TATYY - Get Free Report) announced a dividend on Tuesday, June 17th, investing.com reports. Stockholders of record on Monday, June 23rd will be paid a dividend of 0.6696 per share on Wednesday, August 6th. This represents a dividend yield of 3.19%. The ex-dividend date is Friday, June 20th. This is a 101.4% increase from Tate & Lyle's previous dividend of $0.33.
Tate & Lyle Trading Up 0.2%
Shares of TATYY stock opened at $29.90 on Tuesday. The stock's fifty day moving average is $29.99 and its 200-day moving average is $30.57. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.46 and a current ratio of 3.38. Tate & Lyle has a 52 week low of $24.61 and a 52 week high of $44.76.
Analysts Set New Price Targets
TATYY has been the topic of several recent research reports. Citigroup upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a report on Friday, May 16th. Barclays upgraded Tate & Lyle from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Finally, Berenberg Bank cut Tate & Lyle from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 19th.
Check Out Our Latest Stock Analysis on Tate & Lyle
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.
Further Reading
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