Insider Selling: OSB Group Plc (LON:OSB) Insider Sells £69,792.85 in Stock

OSB Group Plc (LON:OSB) insider April Talintyre sold 18,415 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of GBX 379 ($4.72), for a total transaction of £69,792.85 ($86,882.67).

OSB Group Stock Up 1.5 %

Shares of OSB opened at GBX 381.80 ($4.75) on Friday. The business’s 50-day moving average price is GBX 405.13 and its 200-day moving average price is GBX 391.06. The stock has a market cap of £1.50 billion, a PE ratio of 587.38 and a beta of 1.44. OSB Group Plc has a twelve month low of GBX 277.20 ($3.45) and a twelve month high of GBX 539 ($6.71).

OSB Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 14th. Investors of record on Thursday, April 4th will be given a GBX 21.80 ($0.27) dividend. This represents a dividend yield of 4.73%. This is a boost from OSB Group’s previous dividend of $10.20. The ex-dividend date of this dividend is Thursday, April 4th. OSB Group’s dividend payout ratio is 4,923.08%.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of OSB Group in a research note on Thursday, March 14th.

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.