Law Debenture Co. (LON:LWDB) Insider Sells £54,598.59 in Stock

Law Debenture Co. (LON:LWDB) insider Denis Jackson sold 6,973 shares of the stock in a transaction dated Friday, April 12th. The shares were sold at an average price of GBX 783 ($9.75), for a total value of £54,598.59 ($67,967.87).

Law Debenture Trading Up 0.9 %

LON LWDB opened at GBX 816 ($10.16) on Friday. Law Debenture Co. has a fifty-two week low of GBX 718.04 ($8.94) and a fifty-two week high of GBX 829 ($10.32). The company has a debt-to-equity ratio of 20.91, a quick ratio of 3.21 and a current ratio of 2.04. The stock has a 50 day simple moving average of GBX 786.78 and a two-hundred day simple moving average of GBX 781.58. The stock has a market cap of £1.07 billion, a P/E ratio of 3,022.22 and a beta of 0.91.

Law Debenture Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 7th were given a GBX 9.13 ($0.11) dividend. The ex-dividend date was Thursday, March 7th. This represents a dividend yield of 1.17%. This is a positive change from Law Debenture’s previous dividend of $7.63. Law Debenture’s dividend payout ratio is currently 11,851.85%.

Law Debenture Company Profile

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals in the United Kingdom and internationally. The company operates through two segments, Investment Portfolio and Independent Professional Services.