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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Reckitt Benckiser Group Plc | RKT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -18.00 | -0.41% | 4,356.00 | 16:35:11 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 4,400.00 | 4,320.00 | 4,411.00 | 4,356.00 | 4,374.00 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 28/02/2024 | Final | GBP | 1.159 | 11/04/2024 | 12/04/2024 | 24/05/2024 |
| 26/07/2023 | Interim | GBP | 0.766 | 03/08/2023 | 04/08/2023 | 15/09/2023 |
| 01/03/2023 | Final | GBP | 1.103 | 06/04/2023 | 11/04/2023 | 24/05/2023 |
| Interim | GBP | 0.73 | 04/08/2022 | 05/08/2022 | 14/09/2022 | |
| 17/02/2022 | Final | GBP | 1.016 | 28/04/2022 | 29/04/2022 | 09/06/2022 |
| 27/07/2021 | Interim | GBP | 0.73 | 05/08/2021 | 06/08/2021 | 15/09/2021 |
| Top Posts |
|---|
Posted at 16/4/2024 09:45 by wallywoo This share is looking like a value trap, as I suspected earlier. The share price has now fallen further than the 115p dividend. 4000 likely to be tested. Will it hold? Otherwise a trip down to 3500 range. |
Posted at 02/4/2024 20:05 by pugugly kiwi2007 = You do not know how American juries just love trashing the Brits - Just look how they crucified BP when many of the shareholders were Americans.I suspect I would rather be flogged the length of Wall Street than buy RKT at the moment. |
Posted at 02/4/2024 13:22 by wallywoo With a 115p xd dividend on 11/4, the share price could easily hit new lows here. If 4190 is broken then you would expect 4000 to be tested imo. Sometimes hanging on for a dividend is a false economy. I suspect this could be one of those times.At the moment that is looking probable. I think the market will give us a better entry point over the next month or so. I will buy back the shares I had in a new isa then. |
Posted at 26/3/2024 12:07 by scepticalinvestor Just being facetious ;pThe litigation is overblown imo. RKT is now my largest holding and dont plan to offload any below the 60s. Have sold a number of other positions to add here on weaknessAm taking stakes in a number of other FTSE 'dogs' which are currently valued to go bust basically.Just takes guts and patience. |
Posted at 26/3/2024 10:25 by unastubbs haha! i'm not sure it's a lol situation tbh :) an increasing dividend in the last 20 years - well yes obviously until 2015 the firm was growing like crazy. then in 2017 they bought MJ and the only meaningful growth they have had since then has been on the back of covid and the issues that Abbott had with their baby formula in 21. obviously that's all wound down now and it's RKT who have the issues. Litigation risk, declining margins, flight to own label...4.75% yield is a serious outlier for FMCG stocks. Either the market has this wrong or there will be a cut. I'm just saying!I wouldn't be here if i wasn't interested (i don't hold atm) but at this price the risk reward doesn't make sense to me. but anyways - good luck, i'm not saying you are wrong :) |
Posted at 26/3/2024 09:56 by wallywoo Lol, well rkt has paid an increasing dividend for over 20 years. It is well covered by free cash flow. Anything is possible of course. But I am happy with my risk at this level.This court case is certainly far from black and white. This disease affects vulnerable under weight babies. If you cannot breast feed, then formula is a known risk. But what do you do let them starve or take the risk? And if it's a known risk and you take it how can it be the formula fault? |
Posted at 25/3/2024 12:12 by keyno I already hold here and am not selling - yet. If I wasn't a holder I might be tempted to have a punt, rightly or wrongly. Not all the hearings are going to be in "judicial hellholes" and RKT will presumably have time to muster a robust defence to these claims.I should add that this had already proved to be a bad investment for me, even before this case emerged, which I see as the beetroot flavoured icing on the beetroot flavoured cake - yuch. |
Posted at 25/3/2024 11:23 by essentialinvestor IF it proves to be any type of guide, the HLN share price was a Buy around 2 months after the news hit.RKT may develop differently obvs, however buying now looks very much like gambling to me. |
Posted at 28/2/2024 10:45 by essentialinvestor Around the same rating as ULVR,and an arguably huge gap in their respective quality. Compare the recent Unilever statement to today's from RKT. The only advantage RKT have (that I can see) is their smaller size makes a takeover approach more of a possibility. |
Posted at 20/2/2024 13:41 by philanderer Reckitt’s resilience isn’t reflected in valuation, says TroyConsumer goods giant Reckitt Benckiser (RB) is trading on a ‘modest’ valuation given its resilient growth and share buyback programme, says Troy Asset Management’s Blake Hutchins. The Citywire Elite Companies A-rated stock, which owns brands such as Air Wick and Disprin, is the fourth largest holding in Hutchins’s Trojan Income fund, where it makes up 5.7% of the £788m portfolio. Hutchins, who runs the fund with Fergus McCorkell, said Reckitt Benckiser is ‘offering attractive prospective returns’. ‘This is made up of resilient mid-single-digit earnings growth and a 3.2% dividend yield,’ he said. ‘Earnings per share growth will be underpinned by a share buyback programme, supported by strong cash generation and a robust balance sheet.’ Hutchins said the group trades on a ‘modest 16.5 times earnings, which is not dissimilar to other high-quality consumer staple businesses in the UK market’. ‘After a period of underperformance, we think that your fund’s high-quality consumer staples holdings could prove to be a valuable driver of future portfolio returns,’ he said. Shares in Reckitt Benckiser traded sideways at £57.70 on Monday, but over the past year have only managed to increase 1.3%. citywire.com |
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