Law Debenture Co. (LON:LWDB - Get Free Report) insider Pars Purewal purchased 343 shares of Law Debenture stock in a transaction on Tuesday, April 22nd. The stock was bought at an average price of GBX 870 ($11.57) per share, for a total transaction of £2,984.10 ($3,968.75).
Law Debenture Trading Down 0.1 %
Law Debenture stock traded down GBX 1 ($0.01) during mid-day trading on Friday, hitting GBX 887 ($11.80). 170,950 shares of the stock were exchanged, compared to its average volume of 244,041. The firm's fifty day simple moving average is GBX 880.34 and its two-hundred day simple moving average is GBX 887.45. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53. Law Debenture Co. has a 12 month low of GBX 737.17 ($9.80) and a 12 month high of GBX 929 ($12.36). The stock has a market capitalization of £1.17 billion, a price-to-earnings ratio of 8.26 and a beta of 0.93.
Law Debenture (LON:LWDB - Get Free Report) last released its earnings results on Wednesday, March 12th. The investment trust reported GBX 33.48 ($0.45) earnings per share (EPS) for the quarter. Law Debenture had a net margin of 69.85% and a return on equity of 15.91%.
Law Debenture Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, April 16th. Shareholders of record on Thursday, March 20th were issued a GBX 9.50 ($0.13) dividend. This is an increase from Law Debenture's previous dividend of $8.00. This represents a yield of 1.04%. The ex-dividend date of this dividend was Thursday, March 20th. Law Debenture's payout ratio is presently 29.78%.
About Law Debenture
(
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LawDeb is a rare proposition; an investment trust with an independent professional services business. Our goal is to achieve long term capital growth in real terms and steadily increasing income.
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