Pars Purewal Purchases 343 Shares of Law Debenture Co. (LON:LWDB) Stock

Law Debenture Co. (LON:LWDBGet Free Report) insider Pars Purewal purchased 343 shares of the firm’s stock in a transaction that occurred on Tuesday, April 22nd. The stock was purchased at an average price of GBX 870 ($11.60) per share, with a total value of £2,984.10 ($3,980.39).

Law Debenture Price Performance

Law Debenture stock opened at GBX 888 ($11.84) on Friday. The stock has a market cap of £1.17 billion, a P/E ratio of 8.26 and a beta of 0.93. The company has a fifty day simple moving average of GBX 880.90 and a 200-day simple moving average of GBX 887.51. 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 Co. has a 12-month low of GBX 737.17 ($9.83) and a 12-month high of GBX 929 ($12.39).

Law Debenture (LON:LWDBGet Free Report) last released its quarterly earnings data on Wednesday, March 12th. The investment trust reported GBX 33.48 ($0.45) earnings per share (EPS) for the quarter. Law Debenture had a return on equity of 15.91% and a net margin of 69.85%.

Law Debenture Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 16th. Shareholders of record on Thursday, March 20th were issued a dividend of GBX 9.50 ($0.13) per share. The ex-dividend date was Thursday, March 20th. This represents a yield of 1.04%. This is a boost from Law Debenture’s previous dividend of $8.00. Law Debenture’s dividend payout ratio (DPR) is presently 29.78%.

Law Debenture Company Profile

(Get Free Report)

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.

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