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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
LON:RKT

Reckitt Benckiser Group (RKT) Share Price, News & Analysis

GBX 4,506
+68.00 (+1.53%)
(As of 06:07 AM ET)
Today's Range
4,458
4,518
50-Day Range
4,296
5,872
52-Week Range
4,190
6,570
Volume
206,150 shs
Average Volume
1.90 million shs
Market Capitalization
£31.94 billion
P/E Ratio
1,976.32
Dividend Yield
4.28%
Price Target
N/A
RKT stock logo

About Reckitt Benckiser Group Stock (LON:RKT)

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; vaginal care routine products; sore throat medications; and hair removal products under the Clearasil, Dettol, Durex, Gaviscon, Nurofen, Mucinex, Queen V, Strepsils, and Veet brands. The company also offers fragrances and devices; water softeners; home cleaning products; dish washes; toilet cleaners; disinfectants; sprays, baits, and plug-ins for pest control; stain removals; fabric washing; and other hygiene products under the Air Wick, Calgon, Cillit Bang, Finish, Harpic, Lysol, Mortein, Vanish, and Woolite brands. In addition, it provides vitamins, minerals, and supplements under the Biofreeze, Airborne, Mead Johnson, Move Free, Enfamil, Neuriva, and Nutramigen brands. The company was founded in 1819 and is headquartered in Slough, the United Kingdom.

RKT Stock Price History

RKT Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Reckitt Shares Plunge on Enfamil Infant Formula Case
Why Reckitt Benckiser stock hit a 10-year low today
Lysol Maker Reckitt Benckiser Is Running Out of Excuses
Reckitt Benckiser Sales Miss Expectations, Profit Drops
See More Headlines
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Company Calendar

Today
3/28/2024
Ex-Dividend for 5/24 Dividend
4/11/2024
Dividend Payable
5/24/2024

Industry, Sector and Symbol

Industry
Household & Personal Products
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
40,000
Year Founded
N/A

Profitability

Net Income
£1.63 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£14.61 billion
Cash Flow
GBX 135.71 per share
Book Value
GBX 1,178 per share

Miscellaneous

Free Float
N/A
Market Cap
£31.45 billion
Optionable
Not Optionable
Beta
0.07
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Key Executives

  • Mr. Jeffrey Carr ACMA (Age 63)
    B.Eng, Group CFO & Executive Director
    Comp: $3.38M
  • Mr. Kristoffer Loe Licht (Age 48)
    CEO & Executive Director
  • Mr. Filippo Catalano (Age 51)
    Chief Information & Digitisation Officer
  • Mr. Richard Joyce
    Head of Investor Relations
  • Ms. Catheryn O'Rourke (Age 51)
    Senior VP, General Counsel & Company Secretary
  • Mr. Fabrice Beaulieu (Age 50)
    Chief Marketing, Sustainability & Corporate Affairs Officer
  • Mr. Ranjay Radhakrishnan (Age 53)
    Chief Human Resources Officer
  • Mr. John Dawson
    Senior Vice President of Investor Relations
  • Mr. Sami Naffakh (Age 53)
    Chief Supply Officer
  • Mr. Volker Kuhn (Age 56)
    President of Hygiene

Should I Buy Reckitt Benckiser Group Stock? RKT Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Reckitt Benckiser Group was last updated on Monday, March 25, 2024 at 11:15 AM.

Pros

Here are some ways that investors could benefit from investing in Reckitt Benckiser Group plc:

  • Reckitt Benckiser Group plc has a diverse product portfolio spanning health, hygiene, and home products, providing stability and potential for growth in various market conditions.
  • The company's focus on health and hygiene products has shown resilience during times of heightened health concerns, potentially leading to increased demand for its offerings.
  • Recent developments in the company's hygiene and disinfection product lines have positioned it well to capitalize on the increased emphasis on cleanliness and sanitation globally.
  • Reckitt Benckiser Group plc's strong presence in multiple regions worldwide reduces geographic risk and enhances its ability to adapt to varying market conditions.
  • Investors may find the current stock price of Reckitt Benckiser Group plc attractive, considering its potential for long-term growth and stability in the personal products and soap & other detergents industries.

Cons

Investors should be bearish about investing in Reckitt Benckiser Group plc for these reasons:

  • Intense competition in the personal products and soap & other detergents industries may impact Reckitt Benckiser Group plc's market share and profitability.
  • Economic downturns or fluctuations in consumer spending habits could affect the demand for non-essential products offered by the company, leading to potential revenue challenges.
  • Changes in regulations related to health, hygiene, or environmental standards may require significant investments in compliance, impacting the company's bottom line.
  • Currency exchange rate fluctuations, especially in regions where Reckitt Benckiser Group plc operates, could pose risks to its financial performance and international operations.
  • Investors should carefully monitor any shifts in consumer preferences or trends that could impact the demand for Reckitt Benckiser Group plc's products and services.

RKT Stock Analysis - Frequently Asked Questions

How have RKT shares performed in 2024?

Reckitt Benckiser Group's stock was trading at GBX 5,420 at the beginning of 2024. Since then, RKT shares have decreased by 18.1% and is now trading at GBX 4,438.
View the best growth stocks for 2024 here
.

How often does Reckitt Benckiser Group pay dividends? What is the dividend yield for Reckitt Benckiser Group?

Reckitt Benckiser Group declared a dividend on Wednesday, February 28th. Shareholders of record on Thursday, April 11th will be given a dividend of GBX 115.90 per share on Friday, May 24th. This represents a dividend yield of 1.99%. The ex-dividend date is Thursday, April 11th. This is an increase from the stock's previous dividend of GBX 76.60. The official announcement can be seen at this link.
Read our dividend analysis for RKT
.

Is Reckitt Benckiser Group a good dividend stock?

Reckitt Benckiser Group (LON:RKT) pays an annual dividend of GBX 193 per share and currently has a dividend yield of 4.42%. RKT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 8,464.91%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RKT.

How do I buy shares of Reckitt Benckiser Group?

Shares of RKT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:RKT) was last updated on 3/28/2024 by MarketBeat.com Staff

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