Arbuthnot Banking Group PLC (LON:ARBB) Raises 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 given 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 of this dividend 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 accessed at this link.

Arbuthnot Banking Group Price Performance

Shares of Arbuthnot Banking Group stock opened at GBX 865 ($11.20) on Friday. The firm has a market cap of £140.01 million, a PE ratio of 4.58, a P/E/G ratio of 0.38 and a beta of 1.00. Arbuthnot Banking Group has a 1 year low of GBX 830 ($10.75) and a 1 year high of GBX 1,139.30 ($14.75). The stock has a fifty day moving average price of GBX 902.99 and a 200-day moving average price of GBX 908.43.

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

Analyst Upgrades and Downgrades

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

Arbuthnot Banking Group Company Profile

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.