Reckitt Benckiser stock hits a 52-week high as £1.6bn special dividend clock starts
Reckitt shares closed Friday up 0.1% at 6,176 pence after hitting a 12-month high of 6,262 pence. Investors await a Jan. 27 shareholder vote on a proposed 235 pence special dividend and 24-for-25 share consolidation. Shares go ex-dividend Feb. 2, with payment due Feb. 20 if approved. Full-year results are scheduled for March 5.