Bakkavor Group (LON:BAKK) Hits New 12-Month High at $119.50

Shares of Bakkavor Group plc (LON:BAKK) hit a new 52-week high on Tuesday . The company traded as high as GBX 119.50 ($1.48) and last traded at GBX 119.50 ($1.48), with a volume of 141546 shares. The stock had previously closed at GBX 118 ($1.46).

Bakkavor Group Price Performance

The company has a quick ratio of 0.43, a current ratio of 0.56 and a debt-to-equity ratio of 58.69. The stock has a market cap of £686.96 million, a price-to-earnings ratio of 1,327.78, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The stock has a fifty day moving average of GBX 103.56 and a two-hundred day moving average of GBX 93.57.

Bakkavor Group Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 25th will be issued a dividend of GBX 4.37 ($0.05) per share. This is an increase from Bakkavor Group’s previous dividend of $2.91. This represents a dividend yield of 4.41%. The ex-dividend date of this dividend is Thursday, April 25th. Bakkavor Group’s dividend payout ratio (DPR) is presently 7,777.78%.

Bakkavor Group Company Profile

Bakkavor Group plc, together with its subsidiaries, engages in the preparation and marketing of fresh prepared foods in the United Kingdom, the United States, and China. It offers meals, pizzas and breads, desserts, dips, salads, soups, sauces, fresh cut salads, burritos, food-to-go products, sandwiches, wraps, and bakery products.