Arbuthnot Banking Group PLC (LON:ARBB) Plans Dividend of GBX 27

Arbuthnot Banking Group PLC (LON:ARBB) declared a dividend on Thursday, March 28th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be given a dividend of GBX 27 ($0.34) per share on Friday, May 31st. This represents a dividend yield of 2.54%. The ex-dividend date is Thursday, April 18th. This is an increase from Arbuthnot Banking Group’s previous dividend of $19.00. The official announcement can be viewed at this link.

Arbuthnot Banking Group Price Performance

LON ARBB opened at GBX 1,074 ($13.57) on Thursday. The firm has a market capitalization of £173.67 million, a P/E ratio of 481.90, a P/E/G ratio of 0.38 and a beta of 0.94. Arbuthnot Banking Group has a 1-year low of GBX 840 ($10.62) and a 1-year high of GBX 1,150 ($14.53). The business’s 50-day simple moving average is GBX 1,032.74 and its 200-day simple moving average is GBX 983.92.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Wednesday, February 21st.

Insider Activity

In other news, insider Henry Angest acquired 100,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was acquired at an average price of GBX 990 ($12.51) per share, for a total transaction of £990,000 ($1,251,105.78). Insiders own 64.38% of the company’s stock.

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.