The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services. The company operates in two segments, Investment portfolio and Independent Professional Services. It provides corporate trust services, including bond/security trustee, escrow agent, facility agent, and bespoke trust solutions; governance services, such as pension trustee services comprising independent trustees, trustee chair, and sole corporate trustee; independent outsourced pensions executive services, including pensions management, scheme secretarial, and specialist support services to pension scheme trustees and corporates; and whistleblowing services. The company also offers corporate services, such as provision of corporate directors and officers; company secretarial comprising corporate administration, registrar, registered office, aircraft TUE, share trustee, and regulatory services and filings; and entity management, accounting and tax, facility agent and loan administration, process agent, and investor reporting services. It serves companies, agencies, organizations, and individuals worldwide. The company was incorporated in 1889 and is based in London, the United Kingdom.
Law Debenture Trading Down 0.7 %
Shares of LON:LWDB opened at GBX 778.55 ($9.41) on Monday. Law Debenture has a 1-year low of GBX 700 ($8.46) and a 1-year high of GBX 834.32 ($10.08). The company has a market cap of £982.76 million and a PE ratio of 637.40. The company has a current ratio of 3.21, a quick ratio of 3.21 and a debt-to-equity ratio of 21.67. The company has a 50-day moving average of GBX 771.68 and a two-hundred day moving average of GBX 787.43.
Law Debenture Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, July 7th. Stockholders of record on Wednesday, June 1st were given a dividend of GBX 7.25 ($0.09) per share. This represents a dividend yield of 0.91%. The ex-dividend date was Wednesday, June 1st. Law Debenture's dividend payout ratio is 23.88%.