Glanbia plc (LON:GLB) Insider Thomas Phelan Purchases 1,558 Shares

Glanbia plc (LON:GLB) insider Thomas Phelan purchased 1,558 shares of Glanbia stock in a transaction dated Monday, May 12th. The stock was acquired at an average cost of GBX 1,151 ($15.32) per share, with a total value of £17,932.58 ($23,865.56).

Glanbia Stock Up 8.1%

GLB opened at GBX 11.78 ($0.16) on Wednesday. The company has a debt-to-equity ratio of 48.90, a current ratio of 1.63 and a quick ratio of 0.86. The business has a 50 day simple moving average of GBX 10.50 and a 200-day simple moving average of GBX 12.78. The stock has a market capitalization of £3.00 billion, a P/E ratio of 23.38, a P/E/G ratio of 8.32 and a beta of 0.47. Glanbia plc has a 12 month low of GBX 9.10 ($0.12) and a 12 month high of GBX 19.62 ($0.26).

Glanbia Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 2nd. Stockholders of record on Thursday, March 20th were issued a €0.23 ($0.26) dividend. This is a boost from Glanbia’s previous dividend of $0.16. This represents a dividend yield of 2.18%. The ex-dividend date of this dividend was Thursday, March 20th. Glanbia’s dividend payout ratio (DPR) is currently 7,340.94%.

Glanbia Company Profile

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.