AIB Group (LON:AIBG) Hits New 52-Week High at $410.50

AIB Group plc (LON:AIBGGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 410.50 ($5.15) and last traded at GBX 410 ($5.15), with a volume of 23100 shares trading hands. The stock had previously closed at GBX 394.50 ($4.95).

AIB Group Trading Up 1.2 %

The company has a market cap of £11.10 billion, a P/E ratio of 643.85 and a beta of 1.70. The firm’s 50 day moving average price is GBX 370.17 and its 200-day moving average price is GBX 357.53.

AIB Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, March 21st will be given a €0.27 ($0.29) dividend. This represents a dividend yield of 6.03%. This is an increase from AIB Group’s previous dividend of $0.06. The ex-dividend date is Thursday, March 21st. AIB Group’s dividend payout ratio (DPR) is currently 3,538.46%.

Insider Activity at AIB Group

In other news, insider Tanya Horgan purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The shares were acquired at an average cost of GBX 443 ($5.56) per share, for a total transaction of £44,300 ($55,611.35). 38.98% of the stock is currently owned by corporate insiders.

About AIB Group

(Get Free Report)

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland and the United Kingdom. It operates through Retail Banking, AIB Capital Markets, and AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits.

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