Rachel Lawrence Sells 5,848 Shares of Secure Trust Bank PLC (LON:STB) Stock

Secure Trust Bank PLC (LON:STB) insider Rachel Lawrence sold 5,848 shares of the stock in a transaction that occurred on Thursday, April 25th. The shares were sold at an average price of GBX 695 ($8.73), for a total value of £40,643.60 ($51,053.39).

Secure Trust Bank Trading Up 0.6 %

Shares of Secure Trust Bank stock opened at GBX 700 ($8.79) on Wednesday. Secure Trust Bank PLC has a 12 month low of GBX 550 ($6.91) and a 12 month high of GBX 750 ($9.42). The stock has a 50 day moving average of GBX 688.12 and a 200 day moving average of GBX 671.79. The firm has a market cap of £133.28 million, a PE ratio of 510.95, a PEG ratio of 0.11 and a beta of 0.77.

Secure Trust Bank Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, April 25th will be given a dividend of GBX 16.20 ($0.20) per share. The ex-dividend date of this dividend is Thursday, April 25th. This is an increase from Secure Trust Bank’s previous dividend of $16.00. This represents a yield of 2.46%. Secure Trust Bank’s dividend payout ratio is 2,335.77%.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Secure Trust Bank in a research note on Thursday, March 21st.

Secure Trust Bank Company Profile

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.