Rentokil Initial plc (RTO) To Go Ex-Dividend on April 3rd

Rentokil Initial plc (LON:RTO) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 5.93 ($0.08) per share on Wednesday, May 14th. This represents a yield of 1.78%. The ex-dividend date is Thursday, April 3rd. This is a 87.7% increase from Rentokil Initial’s previous dividend of $3.16. The official announcement can be accessed at this link.

Rentokil Initial Trading Up 2.8 %

LON:RTO opened at GBX 357.50 ($4.62) on Tuesday. The business’s 50-day simple moving average is GBX 377.33 and its 200-day simple moving average is GBX 390.77. The company has a debt-to-equity ratio of 113.35, a current ratio of 1.04 and a quick ratio of 1.76. Rentokil Initial has a fifty-two week low of GBX 315.30 ($4.07) and a fifty-two week high of GBX 517.60 ($6.69). The stock has a market capitalization of £8.95 billion, a PE ratio of 22.93, a price-to-earnings-growth ratio of 0.56 and a beta of 0.55.

Rentokil Initial (LON:RTO) last issued its quarterly earnings results on Thursday, March 6th. The company reported GBX 21.25 ($0.27) EPS for the quarter. Rentokil Initial had a return on equity of 9.50% and a net margin of 7.25%. Sell-side analysts expect that Rentokil Initial will post 25.8725561 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

RTO has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Rentokil Initial from GBX 485 ($6.27) to GBX 465 ($6.01) and set a “buy” rating for the company in a research note on Friday, March 7th. JPMorgan Chase & Co. reduced their target price on shares of Rentokil Initial from GBX 440 ($5.68) to GBX 430 ($5.56) and set a “neutral” rating for the company in a research report on Tuesday, January 14th.

Insider Buying and Selling

In other Rentokil Initial news, insider Andy M. Ransom sold 453,914 shares of the company’s stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of GBX 356 ($4.60), for a total transaction of £1,615,933.84 ($2,087,769.82). 0.32% of the stock is owned by corporate insiders.

Rentokil Initial Company Profile

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.