Arbuthnot Banking Group PLC (LON:ARBB) to Issue Dividend of GBX 27

Arbuthnot Banking Group PLC (LON:ARBB) declared a dividend on Thursday, March 28th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be given a dividend of GBX 27 ($0.34) per share on Friday, May 31st. This represents a yield of 2.54%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Arbuthnot Banking Group’s previous dividend of $19.00. The official announcement can be accessed at this link.

Arbuthnot Banking Group Trading Up 0.8 %

ARBB stock opened at GBX 1,074 ($13.57) on Thursday. The business’s 50-day moving average price is GBX 1,032.74 and its two-hundred day moving average price is GBX 983.92. The firm has a market cap of £173.67 million, a PE ratio of 481.90, a P/E/G ratio of 0.38 and a beta of 0.94. Arbuthnot Banking Group has a 1-year low of GBX 840 ($10.62) and a 1-year high of GBX 1,150 ($14.53).

Insider Buying and Selling at Arbuthnot Banking Group

In other news, insider Henry Angest purchased 100,000 shares of the company’s stock in a transaction on Thursday, February 8th. The shares were purchased at an average price of GBX 990 ($12.51) per share, with a total value of £990,000 ($1,251,105.78). Company insiders own 64.38% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Wednesday, February 21st.

Arbuthnot Banking Group Company Profile

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.