Law Debenture (LON:LWDB) Reaches New 52-Week High at $860.00

The Law Debenture Co. p.l.c. (LON:LWDB – Get Rating)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 860 ($10.34) and last traded at GBX 860 ($10.34), with a volume of 248644 shares traded. The stock had previously closed at GBX 852 ($10.25).

Law Debenture Trading Down 0.6 %

The company has a quick ratio of 3.21, a current ratio of 3.21 and a debt-to-equity ratio of 21.67. The business’s 50 day moving average is GBX 819 and its 200-day moving average is GBX 762.02. The firm has a market cap of £1.10 billion, a P/E ratio of -1,622.64 and a beta of 0.97.

Law Debenture Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 13th. Investors of record on Thursday, March 9th will be paid a GBX 8.75 ($0.11) dividend. This represents a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, March 9th. This is a positive change from Law Debenture’s previous dividend of $7.25. Law Debenture’s payout ratio is -5,660.38%.

Insider Buying and Selling

In related news, insider Claire Finn purchased 2,576 shares of the company’s stock in a transaction that occurred on Wednesday, December 28th. The stock was acquired at an average price of GBX 772 ($9.28) per share, for a total transaction of £19,886.72 ($23,913.80). In other Law Debenture news, insider Claire Finn acquired 2,576 shares of the firm’s stock in a transaction on Wednesday, December 28th. The stock was purchased at an average price of GBX 772 ($9.28) per share, with a total value of £19,886.72 ($23,913.80). Also, insider Trish Houston acquired 367 shares of the firm’s stock in a transaction on Wednesday, December 21st. The stock was acquired at an average cost of GBX 773 ($9.30) per share, with a total value of £2,836.91 ($3,411.39). Insiders own 9.59% of the company’s stock.

About Law Debenture

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The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals worldwide. The company operates through two segments, Investment portfolio and Independent Professional Services. It provides corporate secretarial services; corporate trust services, including bond/security trustee, escrow agent, facility agent, and bespoke trust solutions; pension trustee services comprising independent trustees, trustee chair, and sole corporate trustee; independent outsourced pensions executive services, including pensions management, scheme secretarial, and specialist support services to pension scheme trustees and corporates; and whistleblowing services.