AIB Group (LON:AIBG) Reaches New 52-Week High at $442.00

AIB Group plc (LON:AIBG) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 442 ($5.55) and last traded at GBX 442 ($5.55), with a volume of 2009220 shares changing hands. The stock had previously closed at GBX 421.50 ($5.30).

AIB Group Price Performance

The stock has a market cap of £11.27 billion, a P/E ratio of 680.00 and a beta of 1.70. The company’s 50 day simple moving average is GBX 407.40 and its 200 day simple moving average is GBX 368.63.

AIB Group Increases Dividend

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

Insider Buying and Selling at AIB Group

In other AIB Group news, insider Tanya Horgan acquired 10,000 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were acquired at an average price of GBX 443 ($5.57) per share, with a total value of £44,300 ($55,653.27). Company insiders own 38.98% of the company’s stock.

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.