David McCreadie Acquires 2,882 Shares of Secure Trust Bank PLC (LON:STB) Stock

Secure Trust Bank PLC (LON:STB) insider David McCreadie purchased 2,882 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The stock was acquired at an average cost of GBX 690 ($8.67) per share, with a total value of £19,885.80 ($24,982.16).

David McCreadie also recently made the following trade(s):

• On Friday, May 3rd, David McCreadie acquired 2,880 shares of Secure Trust Bank stock. The stock was purchased at an average price of GBX 694 ($8.72) per share, with a total value of £19,987.20 ($25,109.55).

Secure Trust Bank Stock Down 1.7 %

Shares of STB stock opened at GBX 676 ($8.49) on Thursday. The stock has a 50-day moving average price of GBX 684.80 and a 200 day moving average price of GBX 673.93. The firm has a market cap of £128.85 million, a price-to-earnings ratio of 496.35, a PEG ratio of 0.11 and a beta of 0.77. Secure Trust Bank PLC has a 12 month low of GBX 550 ($6.91) and a 12 month high of GBX 750 ($9.42).

Secure Trust Bank Increases Dividend

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

Wall Street Analysts Forecast Growth

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

About Secure Trust Bank

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.