AIB Group (LON:AIBG) Sets New 52-Week High at $433.50

Shares of AIB Group plc (LON:AIBG) reached a new 52-week high during trading on Monday . The company traded as high as GBX 433.50 ($5.49) and last traded at GBX 432 ($5.47), with a volume of 11624 shares changing hands. The stock had previously closed at GBX 429.50 ($5.44).

AIB Group Stock Up 2.6 %

The company has a market capitalization of £11.33 billion, a PE ratio of 648.46 and a beta of 1.70. The business’s 50 day simple moving average is GBX 376.79 and its 200 day simple moving average is GBX 359.81.

AIB Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 10th. Investors of record on Thursday, March 21st will be issued a dividend of €0.27 ($0.29) per share. This is a boost from AIB Group’s previous dividend of $0.06. This represents a dividend yield of 6.03%. 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 related news, insider Tanya Horgan purchased 10,000 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were acquired at an average cost of GBX 443 ($5.61) per share, with a total value of £44,300 ($56,068.85). 38.98% of the stock is currently owned by insiders.

AIB Group Company Profile

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.