Bank of Ireland Group (LON:BIRG) Stock Price Down 1.3% – Should You Sell?

Bank of Ireland Group plc (LON:BIRGGet Free Report) was down 1.3% on Monday . The company traded as low as GBX 11.39 ($0.15) and last traded at GBX 11.46 ($0.15). Approximately 515,301 shares traded hands during mid-day trading, an increase of 84% from the average daily volume of 279,900 shares. The stock had previously closed at GBX 11.61 ($0.15).

Bank of Ireland Group Price Performance

The company has a market cap of £11.38 billion, a price-to-earnings ratio of 7.69 and a beta of 1.15. The company’s 50-day simple moving average is GBX 10.51 and its 200-day simple moving average is GBX 9.54.

Bank of Ireland Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 1st will be given a €0.28 ($0.30) dividend. This represents a dividend yield of 2.35%. The ex-dividend date of this dividend is Thursday, May 1st. Bank of Ireland Group’s payout ratio is 4,748.04%.

About Bank of Ireland Group

(Get Free Report)

Bank of Ireland Group is one of the largest financial services groups in Ireland, with total assets of €156 billion at 31 December 2023. We provide a broad range of banking and other financial services. We are organised into four trading segments (Retail Ireland; Wealth & Insurance; Retail UK; and Corporate & Commercial) and one support division (Group Centre) to effectively serve our customers.

Further Reading

Receive News & Ratings for Bank of Ireland Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Ireland Group and related companies with MarketBeat.com's FREE daily email newsletter.