A.G. BARR p.l.c. (LON:BAG) Plans Dividend Increase – GBX 12.40 Per Share

A.G. BARR p.l.c. (LON:BAG) announced a dividend on Tuesday, March 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 12.40 ($0.16) per share on Friday, June 7th. This represents a yield of 2.41%. The ex-dividend date is Thursday, May 9th. This is a positive change from A.G. BARR’s previous dividend of $2.65. The official announcement can be accessed at this link.

A.G. BARR Stock Up 1.2 %

Shares of LON BAG opened at GBX 585 ($7.35) on Wednesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.09 and a quick ratio of 1.99. A.G. BARR has a 1 year low of GBX 446 ($5.60) and a 1 year high of GBX 591.75 ($7.43). The stock has a market capitalization of £649.23 million, a P/E ratio of 1,700.00, a P/E/G ratio of 1.36 and a beta of 0.34. The company has a 50-day moving average price of GBX 552.50 and a 200-day moving average price of GBX 529.74.

Analyst Ratings Changes

Several analysts have recently commented on the company. Shore Capital reissued a “house stock” rating on shares of A.G. BARR in a research note on Thursday, February 1st. Barclays upgraded shares of A.G. BARR to an “equal weight” rating and set a GBX 522 ($6.56) target price for the company in a research note on Friday, March 8th.

Insider Activity at A.G. BARR

In other A.G. BARR news, insider Stuart Lorimer sold 52,599 shares of A.G. BARR stock in a transaction dated Friday, April 12th. The shares were sold at an average price of GBX 570 ($7.16), for a total value of £299,814.30 ($376,651.13). In other A.G. BARR news, insider Julie A. Barr purchased 94 shares of the stock in a transaction dated Monday, April 1st. The shares were bought at an average price of GBX 528 ($6.63) per share, with a total value of £496.32 ($623.52). Also, insider Stuart Lorimer sold 52,599 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 570 ($7.16), for a total transaction of £299,814.30 ($376,651.13). Over the last 90 days, insiders purchased 149 shares of company stock worth $79,873 and sold 62,951 shares worth $35,980,998. 34.20% of the stock is owned by company insiders.

About A.G. BARR

A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally. It provides carbonated and flavored soft drinks, pre-mixed cocktails, fruit juices, spring and sparkling water, fruit puree, oat drinks, boost drinks, iced tea, and other non-alcoholic beverages.