Associated British Foods plc (OTCMKTS:ASBFY – Get Free Report)’s stock price 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 traded. The stock had previously closed at $28.75.
Associated British Foods Stock Down 4.6 %
The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.79. The business’s 50-day simple moving average is $29.82 and its 200-day simple moving average is $31.58.
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 issued a dividend of $0.9028 per share. The ex-dividend date is Friday, December 13th. This is a boost from Associated British Foods’s previous dividend of $0.21.
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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