Arbuthnot Banking Group PLC (LON:ARBB) Raises Dividend to GBX 69.75 Per Share

Arbuthnot Banking Group PLC (LON:ARBB) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, May 1st will be given a dividend of GBX 69.75 ($0.90) per share on Monday, May 5th. This represents a yield of 3.17%. The ex-dividend date of this dividend 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 accessed at this link.

Arbuthnot Banking Group Trading Down 0.8 %

Shares of ARBB opened at GBX 898.20 ($11.63) on Friday. The stock has a market capitalization of £145.39 million, a PE ratio of 4.75, a P/E/G ratio of 0.38 and a beta of 1.00. The firm’s 50 day moving average is GBX 903.61 and its 200-day moving average is GBX 908.23. Arbuthnot Banking Group has a 12 month low of GBX 830 ($10.74) and a 12 month high of GBX 1,139.30 ($14.75).

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

Analyst Ratings Changes

Separately, Shore Capital restated 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.