Tate & Lyle plc Plans Dividend of GBX 6.40 (LON:TATE)

Tate & Lyle plc (LON:TATE) announced a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be given a dividend of GBX 6.40 ($0.08) per share on Monday, January 6th. This represents a yield of 0.83%. The ex-dividend date is Thursday, November 21st. The official announcement can be accessed at this link.

Tate & Lyle Trading Down 1.8 %

LON:TATE opened at GBX 774.50 ($10.08) on Friday. Tate & Lyle has a 52 week low of GBX 587 ($7.64) and a 52 week high of GBX 848.50 ($11.05). The stock has a market cap of £2.94 billion, a price-to-earnings ratio of 1,793.18, a PEG ratio of 1.37 and a beta of 0.50. The company’s 50 day moving average price is GBX 711.74 and its 200-day moving average price is GBX 673.32. The company has a quick ratio of 1.77, a current ratio of 3.22 and a debt-to-equity ratio of 47.62.

Insider Activity at Tate & Lyle

In related news, insider David Hearn bought 15,500 shares of the business’s stock in a transaction on Wednesday, August 21st. The stock was acquired at an average price of GBX 655 ($8.53) per share, with a total value of £101,525 ($132,159.59). 2.22% of the stock is currently owned by insiders.

About Tate & Lyle

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.