Kris Licht Sells 3,799 Shares of Reckitt Benckiser Group plc (LON:RKT) Stock

Reckitt Benckiser Group plc (LON:RKT) insider Kris Licht sold 3,799 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of GBX 5,177 ($67.02), for a total value of £196,674.23 ($254,627.43).

Reckitt Benckiser Group Trading Up 0.7 %

Shares of LON:RKT opened at GBX 5,164 ($66.86) on Wednesday. The business’s 50-day moving average is GBX 5,204.16 and its 200 day moving average is GBX 4,912.60. The company has a debt-to-equity ratio of 110.26, a current ratio of 0.69 and a quick ratio of 0.46. Reckitt Benckiser Group plc has a 1 year low of GBX 4,034 ($52.23) and a 1 year high of GBX 5,418 ($70.15). The firm has a market capitalization of £35.23 billion, a P/E ratio of 23.63, a P/E/G ratio of 1.10 and a beta of 0.09.

Reckitt Benckiser Group (LON:RKT) last posted its quarterly earnings data on Thursday, March 6th. The company reported GBX 349.70 ($4.53) earnings per share (EPS) for the quarter. Reckitt Benckiser Group had a net margin of 10.78% and a return on equity of 18.70%. On average, research analysts predict that Reckitt Benckiser Group plc will post 331.2110727 earnings per share for the current fiscal year.

Reckitt Benckiser Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 10th will be paid a dividend of GBX 121.70 ($1.58) per share. This is an increase from Reckitt Benckiser Group’s previous dividend of $80.40. This represents a dividend yield of 2.38%. The ex-dividend date is Thursday, April 10th. Reckitt Benckiser Group’s payout ratio is presently 89.69%.

About Reckitt Benckiser Group

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.