On The Beach Group PLC (LON:OTB) announced a dividend on Thursday, November 30th, Upcoming.Co.Uk reports. Investors of record on Thursday, January 11th will be paid a dividend of GBX 1.90 ($0.03) per share on Thursday, February 15th. This represents a yield of 0.42%. The ex-dividend date is Thursday, January 11th. This is an increase from On The Beach Group’s previous dividend of $0.90. The official announcement can be viewed at this link.
Shares of On The Beach Group (LON:OTB) traded down GBX 0.50 ($0.01) on Friday, reaching GBX 478 ($6.48). The company had a trading volume of 125,410 shares, compared to its average volume of 188,979. On The Beach Group has a 52 week low of GBX 3.95 ($0.05) and a 52 week high of GBX 500 ($6.78). The stock has a market cap of $629.35 and a price-to-earnings ratio of 3,414.29.
On The Beach Group (LON:OTB) last issued its earnings results on Thursday, November 30th. The company reported GBX 17.60 ($0.24) EPS for the quarter, topping the consensus estimate of GBX 17.50 ($0.24) by GBX 0.10 ($0.00). On The Beach Group had a return on equity of 21.95% and a net margin of 22.24%. The business had revenue of GBX 8,356 million during the quarter.
A number of equities analysts have commented on OTB shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 500 ($6.78) price target on shares of On The Beach Group in a research note on Thursday, January 4th. Numis Securities restated a “buy” rating and set a GBX 552 ($7.49) price target on shares of On The Beach Group in a research report on Monday, December 18th. Finally, Berenberg Bank boosted their target price on On The Beach Group from GBX 470 ($6.37) to GBX 520 ($7.05) and gave the stock a “buy” rating in a report on Friday, November 10th. Five research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of GBX 476.80 ($6.47).
In other On The Beach Group news, insider Paul Meehan bought 22,222 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The stock was purchased at an average price of GBX 450 ($6.10) per share, for a total transaction of £99,999 ($135,610.25). Also, insider Kirsteen Vickerstaff sold 7,021 shares of the stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of GBX 427 ($5.79), for a total value of £29,979.67 ($40,655.91). Over the last ninety days, insiders have bought 22,270 shares of company stock worth $10,019,938.
ILLEGAL ACTIVITY WARNING: “On The Beach Group PLC (OTB) Raises Dividend to GBX 1.90 Per Share” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2018/01/13/on-the-beach-group-plc-otb-to-issue-dividend-of-gbx-1-90.html.
On The Beach Group Company Profile
On the Beach Group plc is a United Kingdom-based online travel agent. The Company operates in two segments: Core and International. The Company’s core segment conducts its activity through the United Kingdom Website (UK). The Company’s international segment conducts its activity through Swedish Website (eBeach.se).
Receive News & Ratings for On The Beach Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for On The Beach Group and related companies with MarketBeat.com's FREE daily email newsletter.