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

Arbuthnot Banking Group PLC (LON:ARBB) declared a dividend on Thursday, March 28th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 27 ($0.34) per share on Friday, May 31st. This represents a 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 Stock Performance

LON:ARBB opened at GBX 1,139.20 ($14.18) on Tuesday. Arbuthnot Banking Group has a fifty-two week low of GBX 840 ($10.46) and a fifty-two week high of GBX 1,150 ($14.32). The firm has a market cap of £184.44 million, a PE ratio of 491.07, a price-to-earnings-growth ratio of 0.38 and a beta of 0.95. The business has a 50 day moving average price of GBX 1,056.76 and a 200-day moving average price of GBX 996.27.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Thursday, March 28th.

Insider Transactions at Arbuthnot Banking Group

In other Arbuthnot Banking Group news, insider Henry Angest purchased 100,000 shares of Arbuthnot Banking Group stock in a transaction that occurred on Thursday, February 8th. The shares were bought at an average price of GBX 990 ($12.32) per share, for a total transaction of £990,000 ($1,232,416.28). 64.38% of the stock is currently owned by company insiders.

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.