Arbuthnot Banking Group PLC (LON:ARBB) Increases Dividend to GBX 69.75 Per Share

Arbuthnot Banking Group PLC (LON:ARBB) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, May 1st will be paid a dividend of GBX 69.75 ($0.90) per share on Monday, May 5th. This represents a yield of 3.17%. The ex-dividend date is Thursday, May 1st. This is a 74.4% increase from Arbuthnot Banking Group’s previous dividend of $40.00. The official announcement can be seen at this link.

Arbuthnot Banking Group Stock Down 4.4 %

LON ARBB opened at GBX 865 ($11.20) on Friday. The firm has a market cap of £140.01 million, a P/E ratio of 4.58, a price-to-earnings-growth ratio of 0.38 and a beta of 1.00. The company’s 50 day moving average is GBX 902.99 and its 200-day moving average is GBX 908.43. Arbuthnot Banking Group has a 12-month low of GBX 830 ($10.75) and a 12-month high of GBX 1,139.30 ($14.75).

Arbuthnot Banking Group (LON:ARBB) last issued its earnings results on Thursday, March 27th. The company reported GBX 152.30 ($1.97) earnings per share (EPS) for the quarter. Arbuthnot Banking Group had a net margin of 12.76% and a return on equity of 12.11%. Equities analysts expect that Arbuthnot Banking Group will post 169.2518248 EPS for the current year.

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Thursday, February 20th.

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.