AIB Group (LON:AIBG) Trading Down 1.1% – What’s Next?

AIB Group plc (LON:AIBGGet Free Report) dropped 1.1% on Monday . The stock traded as low as GBX 548 ($7.09) and last traded at GBX 555 ($7.19). Approximately 15,025 shares changed hands during trading, a decline of 51% from the average daily volume of 30,655 shares. The stock had previously closed at GBX 561 ($7.26).

AIB Group Stock Performance

The business has a 50-day simple moving average of GBX 520.54 and a 200-day simple moving average of GBX 466.42. The company has a market cap of £14.95 billion, a price-to-earnings ratio of 7.31 and a beta of 1.65.

AIB Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, March 27th will be issued a €0.37 ($0.40) dividend. This is a boost from AIB Group’s previous dividend of $0.27. The ex-dividend date of this dividend is Thursday, March 27th. This represents a yield of 5.44%. AIB Group’s dividend payout ratio (DPR) is 31.44%.

About AIB Group

(Get Free Report)

AIB Group plc operates predominantly in Ireland and the United Kingdom. Our shares are quoted on the Euronext Dublin and the London stock exchange and we are a member of the FTSE4Good index. Our three core segments are: Retail Banking, Capital Markets and AIB UK. We also operate wholesale treasury activities along with control and support functions.

Further Reading

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