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

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

Rentokil Initial Stock Up 1.7 %

Shares of LON:RTO opened at GBX 460.20 ($5.88) on Wednesday. Rentokil Initial has a 1 year low of GBX 387.80 ($4.96) and a 1 year high of GBX 621.80 ($7.95). The stock has a 50-day simple moving average of GBX 451.94 and a 200-day simple moving average of GBX 439.23. The company has a debt-to-equity ratio of 116.93, a quick ratio of 1.76 and a current ratio of 1.05. The stock has a market capitalization of £11.55 billion, a P/E ratio of 3,050.00, a PEG ratio of 0.71 and a beta of 0.56.

Insider Transactions at Rentokil Initial

In other news, insider Sally Johnson bought 2,493 shares of the firm’s stock in a transaction dated Wednesday, June 26th. The stock was acquired at an average cost of GBX 462 ($5.90) per share, for a total transaction of £11,517.66 ($14,719.05). Corporate insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on RTO. Jefferies Financial Group reiterated a “buy” rating and set a GBX 600 ($7.67) price objective on shares of Rentokil Initial in a research note on Thursday, April 18th. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 570 ($7.28) price target on shares of Rentokil Initial in a research report on Wednesday, July 31st. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 500 ($6.39) price objective on shares of Rentokil Initial in a research report on Tuesday, July 2nd.

About Rentokil Initial

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.