Premier Foods PLC. (OTCMKTS:PRRFY) Declares Dividend of $0.16

Premier Foods PLC. (OTCMKTS:PRRFY) declared a dividend on Thursday, June 19th, investing.com reports. Shareholders of record on Monday, June 30th will be given a dividend of 0.1608 per share on Friday, August 8th. This represents a yield of 1.17%. The ex-dividend date of this dividend is Friday, June 27th. This is a 72.0% increase from Premier Foods’s previous dividend of $0.09.

Premier Foods Stock Performance

Shares of Premier Foods stock opened at $13.70 on Thursday. The company has a 50 day moving average of $13.63 and a 200-day moving average of $12.46. The company has a quick ratio of 1.13, a current ratio of 1.51 and a debt-to-equity ratio of 0.23. Premier Foods has a 1-year low of $9.66 and a 1-year high of $14.85.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada downgraded shares of Premier Foods from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, May 27th.

About Premier Foods

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.