Associated British Foods plc (OTCMKTS:ASBFY) Announces Dividend of $0.90

Associated British Foods plc (OTCMKTS:ASBFY) announced a dividend on Tuesday, November 5th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.9028 per share on Monday, January 27th. The ex-dividend date of this dividend is Friday, December 13th. This is a positive change from Associated British Foods’s previous dividend of $0.21.

Associated British Foods Price Performance

ASBFY stock traded down $0.34 on Wednesday, hitting $28.15. The company’s stock had a trading volume of 14,984 shares, compared to its average volume of 10,947. The firm has a 50 day moving average of $29.32 and a two-hundred day moving average of $30.87. Associated British Foods has a 1 year low of $27.03 and a 1 year high of $35.26. The company has a quick ratio of 0.91, a current ratio of 1.79 and a debt-to-equity ratio of 0.29.

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.