OSB Group Plc (LON:OSB) Declares Dividend of GBX 22.90

OSB Group Plc (LON:OSBGet Free Report) declared a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 22.90 ($0.30) per share on Tuesday, May 13th. This represents a yield of 4.83%. The ex-dividend date is Thursday, March 27th. This is a 114.0% increase from OSB Group’s previous dividend of $10.70. The official announcement can be seen at this link.

OSB Group Price Performance

Shares of LON:OSB opened at GBX 454.40 ($5.87) on Tuesday. The stock has a market cap of £1.68 billion, a price-to-earnings ratio of 4.53 and a beta of 1.41. OSB Group has a 12 month low of GBX 343.60 ($4.44) and a 12 month high of GBX 533.50 ($6.89). The stock’s 50 day moving average price is GBX 420.28 and its 200 day moving average price is GBX 398.37.

OSB Group (LON:OSBGet Free Report) last posted its quarterly earnings data on Friday, March 14th. The company reported GBX 82.20 ($1.06) earnings per share for the quarter. OSB Group had a net margin of 27.26% and a return on equity of 18.78%. On average, sell-side analysts expect that OSB Group will post 85.1214128 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of OSB Group in a research report on Friday, March 14th.

Check Out Our Latest Research Report on OSB

Insider Activity at OSB Group

In other news, insider Victoria Hyde sold 1,137 shares of the company’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of GBX 455 ($5.88), for a total value of £5,173.35 ($6,684.78). Also, insider Andy Golding sold 27,324 shares of the firm’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of GBX 464 ($6.00), for a total transaction of £126,783.36 ($163,823.96). 0.85% of the stock is currently owned by corporate insiders.

OSB Group Company Profile

(Get Free Report)

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services.

Recommended Stories

Dividend History for OSB Group (LON:OSB)

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