Insider Buying: Glanbia plc (LON:GLB) Insider Purchases £17,932.58 in Stock

Glanbia plc (LON:GLB) insider Thomas Phelan acquired 1,558 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The shares were bought at an average cost of GBX 1,151 ($15.32) per share, with a total value of £17,932.58 ($23,865.56).

Glanbia Stock Down 0.3%

Shares of Glanbia stock opened at GBX 12.07 ($0.16) on Friday. The company has a quick ratio of 0.86, a current ratio of 1.63 and a debt-to-equity ratio of 48.90. Glanbia plc has a 12 month low of GBX 9.10 ($0.12) and a 12 month high of GBX 19.62 ($0.26). The business has a fifty day simple moving average of GBX 10.56 and a 200 day simple moving average of GBX 12.74. The stock has a market cap of £3.07 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 8.32 and a beta of 0.47.

Glanbia Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 2nd. Investors of record on Thursday, March 20th were paid a dividend of €0.23 ($0.26) per share. The ex-dividend date was Thursday, March 20th. This is a boost from Glanbia’s previous dividend of $0.16. This represents a dividend yield of 2.18%. Glanbia’s payout ratio is 7,340.94%.

Glanbia Company Profile

We are a better nutrition company, home to consumer brands and ingredients that help people around the world feel strong, nourished, and to perform well at any age. Everything we do has real nutritional benefit. Everything we do is in pursuit of better, for each other and the planet.