Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $27.29 and last traded at $27.77, with a volume of 16263 shares trading hands. The stock had previously closed at $28.75.
Associated British Foods Stock Performance
The company’s fifty day simple moving average is $29.82 and its 200-day simple moving average is $31.58. The company has a quick ratio of 0.91, a current ratio of 1.79 and a debt-to-equity ratio of 0.29.
Associated British Foods Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 13th will be paid a dividend of $0.9028 per share. This is an increase from Associated British Foods’s previous dividend of $0.21. The ex-dividend date of this dividend is Friday, December 13th.
About Associated British Foods
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses.
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