Kerry Group (KYGA) Sets New 12-Month High at $101.50

Kerry Group PLC (LON:KYGA) hit a new 52-week high on Thursday . The company traded as high as GBX 101.50 ($1.33) and last traded at GBX 101 ($1.32), with a volume of 35819 shares changing hands. The stock had previously closed at GBX 98.40 ($1.29).

Separately, Barclays started coverage on shares of Kerry Group in a research note on Tuesday, March 19th. They set an “equal weight” rating and a GBX 100 ($1.31) target price for the company.

The company has a debt-to-equity ratio of 53.02, a quick ratio of 0.84 and a current ratio of 1.38. The company has a market cap of $17.80 billion and a PE ratio of 3,303.89.

The company also recently announced a dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 11th will be paid a dividend of €0.49 ($0.57) per share. This represents a yield of 0.55%. This is a positive change from Kerry Group’s previous dividend of $0.21. The ex-dividend date is Thursday, April 11th. Kerry Group’s payout ratio is presently 22.90%.

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About Kerry Group (LON:KYGA)

Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers technology based taste and nutrition solutions for the food, beverage, and pharmaceutical industries in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Taste & Nutrition and Consumer Foods.

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