Rentokil Initial plc (LON:RTO) Declares Dividend of GBX 3.16

Rentokil Initial plc (LON:RTO) announced a dividend on Thursday, July 25th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 8th will be paid a dividend of GBX 3.16 ($0.04) per share on Monday, September 16th. This represents a yield of 0.67%. The ex-dividend date is Thursday, August 8th. The official announcement can be seen at this link.

Rentokil Initial Price Performance

Shares of LON RTO opened at GBX 473.50 ($6.12) on Thursday. The stock has a market cap of £11.88 billion, a price-to-earnings ratio of 3,158.00, a PEG ratio of 0.71 and a beta of 0.56. Rentokil Initial has a 52 week low of GBX 387.80 ($5.02) and a 52 week high of GBX 663.80 ($8.59). The company’s 50-day moving average price is GBX 443.95 and its 200 day moving average price is GBX 436.07. The company has a current ratio of 1.05, a quick ratio of 1.76 and a debt-to-equity ratio of 116.93.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on RTO shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 600 ($7.76) price objective on shares of Rentokil Initial in a research note on Thursday, April 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 500 ($6.47) price target on shares of Rentokil Initial in a research note on Tuesday, July 2nd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 590 ($7.63) price target on shares of Rentokil Initial in a research note on Monday, June 17th.

Insider Transactions at Rentokil Initial

In other Rentokil Initial news, insider Sally Johnson purchased 2,493 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were purchased at an average price of GBX 462 ($5.98) per share, for a total transaction of £11,517.66 ($14,896.09). Insiders own 1.10% of the company’s stock.

Rentokil Initial Company Profile

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.