Bank of Ireland Group (LON:BIRG) Shares Down 1.3% – What’s Next?

Bank of Ireland Group plc (LON:BIRG)’s stock price traded down 1.3% during mid-day trading on Monday . The company traded as low as GBX 11.39 ($0.15) and last traded at GBX 11.46 ($0.15). 515,301 shares were traded during mid-day trading, an increase of 84% from the average session volume of 279,900 shares. The stock had previously closed at GBX 11.61 ($0.15).

Bank of Ireland Group Trading Down 1.8 %

The company has a market cap of £11.38 billion, a price-to-earnings ratio of 7.69 and a beta of 1.15. The stock’s 50 day moving average price is GBX 10.51 and its 200 day moving average price is GBX 9.54.

Bank of Ireland Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 1st will be issued a dividend of €0.28 ($0.30) per share. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 2.35%. Bank of Ireland Group’s payout ratio is 4,748.04%.

Bank of Ireland Group Company Profile

Bank of Ireland Group is one of the largest financial services groups in Ireland, with total assets of €156 billion at 31 December 2023. We provide a broad range of banking and other financial services. We are organised into four trading segments (Retail Ireland; Wealth & Insurance; Retail UK; and Corporate & Commercial) and one support division (Group Centre) to effectively serve our customers.