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

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

Reckitt Benckiser Group Trading Down 1.2 %

Shares of RKT opened at GBX 5,130 ($66.29) on Tuesday. The firm has a 50 day moving average price of GBX 5,198.14 and a 200-day moving average price of GBX 4,907.93. The company has a debt-to-equity ratio of 110.26, a quick ratio of 0.46 and a current ratio of 0.69. Reckitt Benckiser Group plc has a fifty-two week low of GBX 4,034 ($52.13) and a fifty-two week high of GBX 5,418 ($70.01). The firm has a market cap of £35.00 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.10 and a beta of 0.09.

Reckitt Benckiser Group (LON:RKT) last announced its quarterly earnings results on Thursday, March 6th. The company reported GBX 349.70 ($4.52) EPS for the quarter. Reckitt Benckiser Group had a return on equity of 18.70% and a net margin of 10.78%. As a group, equities research analysts forecast that Reckitt Benckiser Group plc will post 331.2110727 earnings per share 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 paid a GBX 121.70 ($1.57) dividend. This is a boost from Reckitt Benckiser Group’s previous dividend of $80.40. This represents a dividend yield of 2.38%. The ex-dividend date of this dividend 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.