Law Debenture (LON:LWDB – Get Free Report) issued its quarterly earnings results on Wednesday. The investment trust reported GBX 33.48 ($0.43) earnings per share for the quarter, Digital Look Earnings reports. Law Debenture had a net margin of 69.85% and a return on equity of 15.91%.
Law Debenture Stock Up 1.4 %
Shares of LON LWDB opened at GBX 895.95 ($11.60) on Wednesday. The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53. Law Debenture has a 12-month low of GBX 766 ($9.92) and a 12-month high of GBX 929 ($12.03). The firm’s 50-day moving average price is GBX 900.42 and its 200-day moving average price is GBX 891.85. The stock has a market capitalization of £1.19 billion, a price-to-earnings ratio of 8.34 and a beta of 0.93.
Law Debenture Dividend Announcement
The firm also recently announced a dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, December 19th were issued a GBX 8 ($0.10) dividend. The ex-dividend date was Thursday, December 19th. This represents a dividend yield of 0.88%. Law Debenture’s dividend payout ratio (DPR) is presently 29.78%.
About Law Debenture
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.
Featured Stories
- Five stocks we like better than Law Debenture
- Top Biotech Stocks: Exploring Innovation Opportunities
- Why Energy Transfer Belongs on Your Watchlist
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Why Wayfair Stock May Be a Hidden Gem for Value Investors
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- 3 Investments to Consider as China’s Market Heats Up
Receive News & Ratings for Law Debenture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Law Debenture and related companies with MarketBeat.com's FREE daily email newsletter.
