LON:RKT

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

GBX 4,423
+67.00 (+1.54%)
(As of 04/26/2024 ET)
Today's Range
4,380
4,442
50-Day Range
4,110
5,872
52-Week Range
4,102.64
6,570
Volume
1.22 million shs
Average Volume
2.09 million shs
Market Capitalization
£31.34 billion
P/E Ratio
1,948.46
Dividend Yield
4.36%
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; 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. The company also offers home fragrances and devices; water softeners; home cleaning products; dish washes; toilet cleaners; disinfecting sprays wipes, laundry sanitisers, and others; sprays, baits, and plug-ins for pest control; stain removals; and fabric washing under the Air Wick, Calgon, Cillit Bang, Finish, Harpic, Lysol, Mortein, Vanish, and Woolite brands. In addition, it provides nutritious complementary foods and milk formulas for infant and young children under the Enfamil 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

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Reckitt Benckiser Group (LON:RKT) Rating Reiterated by HSBC
Exposed: 10 CENT Crypto to Explode April 20th?
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
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
See More Headlines
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Company Calendar

Ex-Dividend for 5/24 Dividend
4/11/2024
Today
4/27/2024
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 135.25 per share
Book Value
GBX 1,178 per share

Miscellaneous

Free Float
N/A
Market Cap
£31.34 billion
Optionable
Not Optionable
Beta
0.07
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Key Executives

  • Mr. Kristoffer Loe Licht (Age 48)
    CEO & Executive Director
    Comp: $2.54M
  • Ms. Shannon Sue Eisenhardt (Age 50)
    CFO & Executive Director
    Comp: $830.86k
  • 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. Sami Naffakh (Age 53)
    Chief Supply Officer
  • Mr. Volker Kuhn (Age 56)
    President of Hygiene
  • Ms. Angela Naef Ph.D. (Age 48)
    Chief Research & Development Officer

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

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 across multiple sectors.
  • The company's strong presence in various markets globally, including the United States, Europe, and Australia, offers geographic diversification and revenue stability.
  • Recent developments in the company's hygiene and disinfection product lines have seen increased demand due to heightened awareness of cleanliness and health, potentially leading to higher sales and profitability.
  • Reckitt Benckiser Group plc's focus on innovation and product development, such as introducing new formulations and packaging designs, keeps the brand competitive and appealing to consumers.
  • With a history of consistent dividend payments, the company may be attractive to income-oriented investors seeking reliable returns.

Cons

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

  • Fluctuations in raw material prices, such as chemicals and plastics, could impact the company's production costs and profit margins, potentially affecting its financial performance.
  • Intense competition in the personal products and hygiene industry may lead to pricing pressures and the need for increased marketing expenditures to maintain market share, impacting profitability.
  • The company's exposure to currency exchange rate fluctuations, especially in international markets, could pose risks to its earnings and financial results.
  • Changes in consumer preferences and trends towards more natural or organic products may require Reckitt Benckiser Group plc to adapt its product offerings, which could involve significant research and development costs.
  • Investors should consider the current stock price of Reckitt Benckiser Group plc in relation to its earnings and growth prospects to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Reckitt Benckiser Group pros and cons to contact@marketbeat.com.

RKT Stock Analysis - Frequently Asked Questions

Should I buy or sell Reckitt Benckiser Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reckitt Benckiser Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RKT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RKT, but not buy additional shares or sell existing shares.
View RKT analyst ratings
or view top-rated stocks.

How have RKT shares performed in 2024?

Reckitt Benckiser Group's stock was trading at GBX 5,420 at the beginning of the year. Since then, RKT shares have decreased by 18.4% and is now trading at GBX 4,423.
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 announced a dividend on Wednesday, February 28th. Shareholders of record on Thursday, April 11th will be paid a dividend of GBX 115.90 per share on Friday, May 24th. This represents a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, April 11th. This is a boost from the stock's previous dividend of GBX 76.60. The official announcement can be accessed 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 4.34%. RKT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 8,502.20%. 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.
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This page (LON:RKT) was last updated on 4/27/2024 by MarketBeat.com Staff

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