Denis Jackson Sells 6,973 Shares of Law Debenture Co. (LON:LWDB) Stock

Law Debenture Co. (LON:LWDB) insider Denis Jackson sold 6,973 shares of Law Debenture stock in a transaction on Friday, April 12th. The shares were sold at an average price of GBX 783 ($9.75), for a total value of £54,598.59 ($67,967.87).

Law Debenture Trading Down 1.7 %

LWDB opened at GBX 804 ($10.01) on Wednesday. The firm has a market cap of £1.05 billion, a price-to-earnings ratio of 2,977.78 and a beta of 0.91. The company has a current ratio of 2.04, a quick ratio of 3.21 and a debt-to-equity ratio of 20.91. Law Debenture Co. has a 12 month low of GBX 718.04 ($8.94) and a 12 month high of GBX 829 ($10.32). The stock has a fifty day moving average price of GBX 785.24 and a 200-day moving average price of GBX 781.49.

Law Debenture Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 7th were given a GBX 9.13 ($0.11) dividend. This represents a dividend yield of 1.17%. This is a positive change from Law Debenture’s previous dividend of $7.63. The ex-dividend date was Thursday, March 7th. Law Debenture’s payout ratio is presently 11,851.85%.

About Law Debenture

The Law Debenture Corporation p.l.c., an investment trust, provides independent professional services to companies, agencies, organizations, and individuals in the United Kingdom and internationally. The company operates through two segments, Investment Portfolio and Independent Professional Services.