OneSavings Bank PLC (OSB) Announces Dividend Increase – GBX 10.30 Per Share

OneSavings Bank PLC (LON:OSB) announced a dividend on Thursday, March 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 21st will be given a dividend of GBX 10.30 ($0.13) per share on Wednesday, May 15th. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 21st. This is a positive change from OneSavings Bank’s previous dividend of $4.30. The official announcement can be accessed at this link.

OSB opened at GBX 392.40 ($5.13) on Friday. The stock has a market cap of $968.17 million and a PE ratio of 7.28. OneSavings Bank has a 52-week low of GBX 327.40 ($4.28) and a 52-week high of GBX 453.60 ($5.93).

Several research firms have recently issued reports on OSB. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 510 ($6.66) price target on shares of OneSavings Bank in a research note on Tuesday, February 5th. Peel Hunt reiterated a “buy” rating on shares of OneSavings Bank in a research note on Friday, January 4th. Barclays reiterated an “under review” rating on shares of OneSavings Bank in a research note on Tuesday. Citigroup reiterated a “buy” rating on shares of OneSavings Bank in a research note on Tuesday. Finally, Shore Capital reiterated a “buy” rating on shares of OneSavings Bank in a research note on Monday. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 485.33 ($6.34).

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OneSavings Bank Company Profile

OneSavings Bank Plc operates as a specialist lender and retail savings company in the United Kingdom and the Channel Islands. The company operates through two segments, Buy-to-Let/SME and Residential Mortgages. It offers fixed, notice, easy access, and regular savings products, including ISAs. The company also provides buy to let and commercial mortgages, as well as development loans to small and medium sized developers of residential property; first charge, second charge, and shared ownership residential mortgage loans; and personal and secured loans, as well as funding lines to non-bank finance companies secured against portfolios of financial assets, principally mortgages and leases.

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Dividend History for OneSavings Bank (LON:OSB)

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