OSB Group Plc (OSB) to Issue Dividend of GBX 22.90 on April 10th

OSB Group Plc (LON:OSB) declared a dividend on Sunday, March 16th, Upcoming Dividends.Co.Uk reports. Shareholders 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 yield of 4.99%. The ex-dividend date is Thursday, April 3rd. The official announcement can be accessed at this link.

OSB Group Stock Up 2.4 %

Shares of OSB opened at GBX 439.40 ($5.68) on Tuesday. OSB Group has a twelve month low of GBX 343.60 ($4.44) and a twelve month high of GBX 533.50 ($6.89). The company has a market capitalization of £1.62 billion, a P/E ratio of 4.38 and a beta of 1.41. The firm has a 50 day moving average of GBX 426.23 and a 200 day moving average of GBX 400.78.

OSB Group (LON:OSB) last posted 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%. On average, sell-side analysts expect that OSB Group will post 85.1214128 EPS for the current year.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, insider Victoria Hyde sold 1,137 shares of OSB Group stock in a transaction on Monday, March 17th. The shares were sold at an average price of GBX 455 ($5.88), for a total transaction of £5,173.35 ($6,683.91). Also, insider Andy Golding sold 5,399 shares of the stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of GBX 449 ($5.80), for a total transaction of £24,241.51 ($31,319.78). Insiders have sold 33,860 shares of company stock valued at $15,619,822 in the last ninety days. 0.85% of the stock is currently owned by company insiders.

OSB Group Company Profile

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.