Arbuthnot Banking Group (LON:ARBB) Receives House Stock Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Arbuthnot Banking Group (LON:ARBBFree Report) in a research report report published on Wednesday morning, MarketBeat reports.

Arbuthnot Banking Group Stock Performance

Shares of ARBB stock opened at GBX 938 ($11.92) on Wednesday. The stock’s fifty day moving average price is GBX 1,051.01 and its two-hundred day moving average price is GBX 1,016.18. The company has a market cap of £151.86 million, a PE ratio of 409.19, a P/E/G ratio of 0.38 and a beta of 0.94. Arbuthnot Banking Group has a fifty-two week low of GBX 840 ($10.68) and a fifty-two week high of GBX 1,150 ($14.62).

Arbuthnot Banking Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, April 18th will be paid a GBX 27 ($0.34) dividend. This represents a dividend yield of 2.54%. This is a boost from Arbuthnot Banking Group’s previous dividend of $19.00. The ex-dividend date of this dividend is Thursday, April 18th. Arbuthnot Banking Group’s dividend payout ratio is presently 2,062.78%.

Arbuthnot Banking Group Company Profile

(Get Free Report)

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.

Further Reading

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