AIB Group (LON:AIBG) Shares Down 1.1% – Time to Sell?

AIB Group plc (LON:AIBG) traded down 1.1% on Monday . The stock traded as low as GBX 548 ($7.09) and last traded at GBX 555 ($7.19). 15,025 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 30,655 shares. The stock had previously closed at GBX 561 ($7.26).

AIB Group Price Performance

The company has a market capitalization of £14.95 billion, a PE ratio of 7.31 and a beta of 1.65. The stock’s 50 day simple moving average is GBX 520.54 and its 200-day simple moving average is GBX 466.42.

AIB Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, March 27th will be issued a dividend of €0.37 ($0.40) per share. The ex-dividend date is Thursday, March 27th. This is a positive change from AIB Group’s previous dividend of $0.27. This represents a yield of 5.44%. AIB Group’s dividend payout ratio is 31.44%.

AIB Group Company Profile

AIB Group plc operates predominantly in Ireland and the United Kingdom. Our shares are quoted on the Euronext Dublin and the London stock exchange and we are a member of the FTSE4Good index. Our three core segments are: Retail Banking, Capital Markets and AIB UK. We also operate wholesale treasury activities along with control and support functions.