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

OSB Group Plc (LON:OSB - Get Free Report) declared a dividend on Thursday, March 13th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 22.90 ($0.30) per share on Tuesday, May 13th. This represents a dividend yield of 4.83%. The ex-dividend date is Thursday, March 27th. This is a 114.0% increase from OSB Group's previous dividend of $10.70. The official announcement can be accessed at this link.

OSB Group Stock Performance

LON OSB traded up GBX 3.80 ($0.05) during trading hours on Friday, reaching GBX 436.60 ($5.65). The stock had a trading volume of 4,165,143 shares, compared to its average volume of 1,721,091. OSB Group has a 52-week low of GBX 343.60 ($4.45) and a 52-week high of GBX 533.50 ($6.91). The stock has a fifty day moving average of GBX 425.48 and a 200 day moving average of GBX 400.29. The stock has a market cap of £1.61 billion, a P/E ratio of 4.35 and a beta of 1.41.

OSB Group (LON:OSB - Get Free Report) last announced its quarterly earnings data 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 forecast that OSB Group will post 85.1214128 EPS for the current year.

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Wall Street Analyst Weigh In

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

Insider Transactions at OSB Group

In other news, insider Victoria Hyde sold 1,137 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of GBX 455 ($5.89), for a total transaction of £5,173.35 ($6,696.03). Also, insider Andy Golding sold 5,399 shares of OSB Group stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of GBX 449 ($5.81), for a total value of £24,241.51 ($31,376.53). Insiders have sold 33,860 shares of company stock valued at $15,619,822 in the last 90 days. 0.85% of the stock is currently owned by company insiders.

About OSB Group

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.