OSB Group Plc (LON:OSB) to Issue Dividend of GBX 10.70

OSB Group Plc (LON:OSBGet Free Report) declared a dividend on Thursday, August 15th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 10.70 ($0.14) per share on Friday, September 20th. This represents a dividend yield of 2.21%. The ex-dividend date is Thursday, August 22nd. The official announcement can be accessed at this link.

OSB Group Price Performance

LON OSB opened at GBX 400 ($5.20) on Wednesday. OSB Group has a fifty-two week low of GBX 277.20 ($3.60) and a fifty-two week high of GBX 533.50 ($6.93). The stock has a market capitalization of £1.54 billion, a PE ratio of 605.54 and a beta of 1.49. The business has a fifty day moving average price of GBX 467.65 and a two-hundred day moving average price of GBX 438.22.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on OSB shares. Shore Capital reiterated a “buy” rating on shares of OSB Group in a report on Thursday, August 15th. Berenberg Bank reduced their price target on OSB Group from GBX 660 ($8.58) to GBX 580 ($7.54) and set a “buy” rating on the stock in a report on Thursday, August 15th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 600 ($7.80) price objective on shares of OSB Group in a report on Thursday, June 13th.

View Our Latest Report on OSB

Insider Activity

In related news, insider Henry Daubeney bought 20,000 shares of OSB Group stock in a transaction that occurred on Monday, August 19th. The shares were acquired at an average cost of GBX 382 ($4.96) per share, for a total transaction of £76,400 ($99,272.35). Insiders own 0.85% of the company’s stock.

OSB Group Company Profile

(Get Free Report)

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.

See Also

Dividend History for OSB Group (LON:OSB)

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