Reckitt Benckiser Group (OTCMKTS:RBGPF) Trading Up 3.9% – Should You Buy?

Reckitt Benckiser Group plc (OTCMKTS:RBGPF)’s share price was up 3.9% during mid-day trading on Friday . The stock traded as high as $75.92 and last traded at $75.92. Approximately 759 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 1,727 shares. The stock had previously closed at $73.08.

Reckitt Benckiser Group Stock Up 3.9%

The firm’s fifty day moving average price is $70.36 and its 200-day moving average price is $67.25.

Reckitt Benckiser Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, September 18th. Stockholders of record on Friday, August 8th will be issued a $84.40 dividend. The ex-dividend date is Thursday, August 7th. This represents a dividend yield of 363.0%. Reckitt Benckiser Group’s dividend payout ratio (DPR) is currently 52.92%.

About Reckitt Benckiser Group

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; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.