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

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 seen at this link.

OSB Group Trading Down 18.1 %

Shares of OSB Group stock opened at GBX 396.42 ($5.06) on Thursday. The business’s fifty day moving average price is GBX 473.33 and its 200 day moving average price is GBX 439.85. OSB Group has a twelve month low of GBX 277.20 ($3.54) and a twelve month high of GBX 533.50 ($6.81). The stock has a market capitalization of £1.53 billion, a P/E ratio of 620.15 and a beta of 1.49.

Wall Street Analyst Weigh In

OSB has been the topic of several research analyst reports. Shore Capital reaffirmed a “buy” rating on shares of OSB Group in a research note on Wednesday, May 8th. Jefferies Financial Group restated a “buy” rating and issued a GBX 600 ($7.66) price target on shares of OSB Group in a report on Thursday, June 13th.

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.