OSB Group Plc (LON:OSB) Plans Dividend of GBX 10.70

OSB Group Plc (LON:OSB) announced a dividend on Thursday, August 15th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 22nd will be given 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 viewed at this link.

OSB Group Stock Up 4.3 %

LON:OSB opened at GBX 400 ($5.20) on Wednesday. OSB Group has a 52-week low of GBX 277.20 ($3.60) and a 52-week high of GBX 533.50 ($6.93). The firm has a market cap of £1.54 billion, a P/E ratio of 605.54 and a beta of 1.49. The business’s 50-day moving average price is GBX 467.65 and its 200 day moving average price is GBX 438.22.

Insider Transactions at OSB Group

In other news, insider Henry Daubeney bought 20,000 shares of OSB Group stock in a transaction dated Monday, August 19th. The shares were bought at an average price of GBX 382 ($4.96) per share, for a total transaction of £76,400 ($99,272.35). 0.85% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

OSB has been the subject of a number of research reports. Jefferies Financial Group restated a “buy” rating and set a GBX 600 ($7.80) target price on shares of OSB Group in a report on Thursday, June 13th. Berenberg Bank decreased their target price 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, Shore Capital reaffirmed a “buy” rating on shares of OSB Group in a report on Thursday, August 15th.

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.