Industry: Consumer Staples
Sector: Food producers
Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.
Dividend Date: | 7 Jul 2023 (Fri) |
Ex-Dividend Date: | 1 Jun 2023 (Thu) |
Dividend Cover | 2.03 x |
Last Announced/Paid Dividend: | 14.2p |
Dividends paid this Year: | 0p |
Dividend Yield: | 2.24% |
P/E Ratio: | 20.70 |