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

OSB Group Plc (LON:OSB) announced a dividend on Sunday, March 16th, Upcoming Dividends.Co.Uk reports. Stockholders 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 viewed at this link.

OSB Group Trading Up 2.4 %

OSB opened at GBX 439.40 ($5.68) on Tuesday. The business’s fifty day simple moving average is GBX 426.23 and its 200-day simple moving average is GBX 400.78. OSB Group has a 12-month low of GBX 343.60 ($4.44) and a 12-month high of GBX 533.50 ($6.89). The company has a market capitalization of £1.62 billion, a price-to-earnings ratio of 4.38 and a beta of 1.41.

OSB Group (LON:OSB) last released its quarterly earnings results on Friday, March 14th. The company reported GBX 82.20 ($1.06) EPS for the quarter. OSB Group had a net margin of 27.26% and a return on equity of 18.78%. On average, equities research analysts predict that OSB Group will post 85.1214128 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Insider Transactions at OSB Group

In other OSB Group news, insider Victoria Hyde sold 1,137 shares of the stock in a transaction dated Monday, March 17th. The stock was 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 27,324 shares of OSB Group stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of GBX 464 ($5.99), for a total value of £126,783.36 ($163,802.79). Insiders sold a total of 33,860 shares of company stock worth $15,619,822 over the last three months. 0.85% of the stock is currently owned by 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.