AIB Group plc (LON:AIBG) Declares Increased Dividend of €0.37 Per Share

AIB Group plc (LON:AIBG) made an announcement on Wednesday, March 5th, regarding a new dividend distribution, according to reports from DividendData.Co.Uk. Shareholders who are on record as of Thursday, March 27th, will receive a dividend of €0.37 (equivalent to $0.40) per share. The dividend will be paid out on Friday, May 9th. This increase represents a dividend yield of 5.44% for investors. It's important to note that the ex-dividend date, which is the cutoff date for receiving the upcoming dividend, is also set for Thursday, March 27th. This marks a substantial increase of 39.2% from the previous dividend amount of $0.27.

AIB Group Stock Performance

As of Tuesday, AIB Group's stock opened at GBX 551.38, translating to approximately $7.12. Over the past year, the stock has experienced fluctuations, reaching a low of GBX 386 ($4.99) and a high of GBX 609 ($7.87). The company's fifty-day moving average price is GBX 518.96, while the two-hundred-day moving average stands at GBX 465.72. AIB Group has a market capitalization of £15.40 billion, a price-to-earnings ratio of 7.54, and a beta of 1.65, indicating its stock's volatility compared to the overall market.

About AIB Group

AIB Group plc primarily operates within Ireland and the United Kingdom and is listed on both the Euronext Dublin and the London Stock Exchange. The company forms part of the FTSE4Good index, which recognizes companies that meet globally recognized corporate responsibility standards. AIB Group is structured into three main segments: Retail Banking, Capital Markets, and AIB UK. In addition to these core areas, the firm is involved in wholesale treasury activities along with various control and support functions.

dividend, stocks, increase