Arbuthnot Banking Group PLC (ARBB) To Go Ex-Dividend on May 1st

Arbuthnot Banking Group PLC (LON:ARBB) announced a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, May 1st will be paid a dividend of GBX 69.75 ($0.90) per share on Monday, May 5th. This represents a dividend yield of 3.17%. The ex-dividend date is Thursday, May 1st. This is a 74.4% increase from Arbuthnot Banking Group’s previous dividend of $40.00. The official announcement can be viewed at this link.

Arbuthnot Banking Group Stock Performance

Shares of ARBB stock opened at GBX 898.20 ($11.63) on Friday. Arbuthnot Banking Group has a twelve month low of GBX 830 ($10.74) and a twelve month high of GBX 1,139.30 ($14.75). The stock’s 50 day simple moving average is GBX 903.61 and its 200 day simple moving average is GBX 908.23. The company has a market capitalization of £145.39 million, a price-to-earnings ratio of 4.75, a PEG ratio of 0.38 and a beta of 1.00.

Arbuthnot Banking Group (LON:ARBB) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX 152.30 ($1.97) earnings per share for the quarter. Arbuthnot Banking Group had a return on equity of 12.11% and a net margin of 12.76%. On average, analysts forecast that Arbuthnot Banking Group will post 169.2518248 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Thursday, February 20th.

About Arbuthnot Banking Group

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.