Aib Group Share Price (AIBG)

Anybody receive their dividend today?

Divi is 6.2c a share.

Total distribution is over 380mil with 166mil making up the ordinary divi and the rest a share buy back

BOI announced €350m dividend & buybacks or €0.325 a share, wonder what AIB will go with? A €350m dividend would give €0.135 a share?

GLA

Broke WELL over the 4 euro barrier today on the euronext. €4.13 of a high IMO on the back of the northern Ireland brexit deal.
As I posted before I got in here during covid for a song and the sell price I'm looking for is €5.80 but tbh that was banked against BOI having a high of €7.80 and it'd flew over €10 today heading towards €11 which doesn't make a lick of sense to me (nor the brokers who price it at 7.80 or so).
So we COULD be in for a repeat of that blip way back when where it hit €9 a share.
So I'm feeling very confident ill get me 5.8 within the year and the only concern I have is that I may sell too soon.
Divi info may boost us next.

From RTE -

AIB has revised its medium-term targets and now expects a return on tangible equity of greater than 13% in 2024.

In a statement, the bank said it has set an absolute target cost of less than €1.75 billion by 2024. It also expects to deliver a cost income ratio of 50% by 2024.

Subject to a supportive macroeconomic environment and annual board and required regulatory approvals, in the coming years the bank will seek to move towards its CET1 target by prudently increasing levels of distribution, supplementing dividend with share buybacks where appropriate.

Colin Hunt, Chief Executive Officer, said, "We set out our strategy in December 2020 to fulfil our ambition of being at the heart of our customers' financial lives. Since then we have made significant progress in growing and strengthening the Group through an enhanced product suite, a transforming operating model and an increased customer base – now heading to over three million customers."

Mr Hunt said, "While global economic headwinds exist, the Irish economy continues to deliver economic growth and demonstrate resilience. Against this domestic backdrop and given the changing banking landscape and evolving operating environment, we have revised our medium-term targets and now expect a RoTE of greater than 13% in 2024. We continue to implement our strategy to enhance shareholder value and deliver sustainable returns."

GLA