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

Reckitt Benckiser Group plc (LON:RKT) insider Kris Licht sold 3,799 shares of the firm’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of GBX 5,177 ($66.89), for a total value of £196,674.23 ($254,133.91).

Reckitt Benckiser Group Stock Performance

LON:RKT opened at GBX 5,130 ($66.29) on Tuesday. Reckitt Benckiser Group plc has a twelve month low of GBX 4,034 ($52.13) and a twelve month high of GBX 5,418 ($70.01). The company has a quick ratio of 0.46, a current ratio of 0.69 and a debt-to-equity ratio of 110.26. The firm has a market capitalization of £35.00 billion, a P/E ratio of 23.48, a P/E/G ratio of 1.10 and a beta of 0.09. The company has a fifty day moving average of GBX 5,198.14 and a 200-day moving average of GBX 4,907.93.

Reckitt Benckiser Group (LON:RKT) last posted its earnings results on Thursday, March 6th. The company reported GBX 349.70 ($4.52) earnings per share for the quarter. Reckitt Benckiser Group had a net margin of 10.78% and a return on equity of 18.70%. As a group, sell-side analysts anticipate that Reckitt Benckiser Group plc will post 331.2110727 EPS for the current year.

Reckitt Benckiser Group Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 121.70 ($1.57) 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 dividend payout ratio is currently 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.