OSB Group Plc (LON:OSB) Insider April Talintyre Sells 18,415 Shares

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

OSB Group Stock Down 1.3 %

Shares of LON OSB opened at GBX 374 ($4.66) on Wednesday. OSB Group Plc has a 52 week low of GBX 277.20 ($3.45) and a 52 week high of GBX 539 ($6.71). The business has a 50-day simple moving average of GBX 407.16 and a two-hundred day simple moving average of GBX 391.23. The company has a market cap of £1.47 billion, a P/E ratio of 575.38 and a beta of 1.44.

OSB Group Increases Dividend

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

Wall Street Analyst Weigh In

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

About OSB Group

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.