OSB Group Plc to Issue Dividend of GBX 22.90 (LON:OSB)

OSB Group Plc (LON:OSB) announced a dividend on Sunday, March 16th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, April 3rd will be paid a dividend of GBX 22.90 ($0.30) per share on Thursday, April 10th. This represents a dividend yield of 4.99%. The ex-dividend date is Thursday, April 3rd. The official announcement can be seen at this link.

OSB Group Trading Up 2.2 %

OSB Group stock opened at GBX 438.80 ($5.67) on Tuesday. OSB Group has a 52 week low of GBX 343.60 ($4.44) and a 52 week high of GBX 533.50 ($6.89). The stock has a market cap of £1.62 billion, a price-to-earnings ratio of 4.37 and a beta of 1.41. The company’s 50-day moving average price is GBX 426.23 and its two-hundred day moving average price is GBX 400.78.

OSB Group (LON:OSB) last announced its earnings results on Friday, March 14th. The company reported GBX 82.20 ($1.06) EPS for the quarter. OSB Group had a return on equity of 18.78% and a net margin of 27.26%. Research analysts expect that OSB Group will post 85.1214128 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Activity at OSB Group

In other OSB Group news, insider Victoria Hyde sold 1,137 shares of the business’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 ($6,683.91). Also, insider Andy Golding sold 27,324 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of GBX 464 ($5.99), for a total value of £126,783.36 ($163,802.79). Over the last three months, insiders have sold 33,860 shares of company stock valued at $15,619,822. Corporate insiders own 0.85% of the company’s stock.

About OSB Group

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.