Arbuthnot Banking Group PLC (LON:ARBB – Get Rating) announced a dividend on Thursday, March 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, April 21st will be given a dividend of GBX 22 ($0.29) per share on Tuesday, May 31st. This represents a yield of 2.26%. The ex-dividend date is Thursday, April 21st. This is a boost from Arbuthnot Banking Group’s previous dividend of $16.00. The official announcement can be seen at this link.
LON:ARBB opened at GBX 1,000 ($13.01) on Tuesday. Arbuthnot Banking Group has a 12 month low of GBX 799.98 ($10.41) and a 12 month high of GBX 1,190 ($15.48). The business’s 50 day moving average price is GBX 931.01. The stock has a market cap of £150.23 million and a price-to-earnings ratio of 22.12.
Separately, Shore Capital reiterated a “house stock” rating on shares of Arbuthnot Banking Group in a research note on Friday, April 1st.
Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through Private Banking, Mortgage Portfolios, Commercial Banking, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, and All Other Divisions segments.
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