Secure Trust Bank PLC (LON:STB) Insider David McCreadie Buys 2,882 Shares

Secure Trust Bank PLC (LON:STB) insider David McCreadie bought 2,882 shares of Secure Trust Bank stock in a transaction on Tuesday, May 7th. The shares were bought 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 shares were purchased at an average cost of GBX 694 ($8.72) per share, with a total value of £19,987.20 ($25,109.55).

Secure Trust Bank Stock Performance

LON:STB opened at GBX 688 ($8.64) on Wednesday. The firm has a market capitalization of £131.13 million, a price-to-earnings ratio of 502.19, a P/E/G ratio of 0.11 and a beta of 0.77. The stock has a fifty day moving average of GBX 684.80 and a 200 day moving average of GBX 673.93. Secure Trust Bank PLC has a 52-week low of GBX 550 ($6.91) and a 52-week high of GBX 750 ($9.42).

Secure Trust Bank Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, April 25th will be given a dividend of GBX 16.20 ($0.20) per share. This represents a dividend yield of 2.46%. The ex-dividend date is Thursday, April 25th. This is an increase from Secure Trust Bank’s previous dividend of $16.00. Secure Trust Bank’s dividend payout ratio (DPR) is 2,335.77%.

Analyst Upgrades and Downgrades

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

Secure Trust Bank Company Profile

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.