Town Centre Securities Plc (LON:TOWN) Insider Michael Ziff Sells 20,000 Shares of Stock

Town Centre Securities Plc (LON:TOWN) insider Michael Ziff sold 20,000 shares of Town Centre Securities stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of GBX 141 ($1.78), for a total transaction of £28,200 ($35,691.68).

Michael Ziff also recently made the following trade(s):

• On Wednesday, March 27th, Michael Ziff sold 54,280 shares of Town Centre Securities stock. The shares were sold at an average price of GBX 135 ($1.71), for a total transaction of £73,278 ($92,745.22).

Town Centre Securities Stock Up 0.7 %

TOWN opened at GBX 144 ($1.82) on Friday. The company has a quick ratio of 0.65, a current ratio of 0.70 and a debt-to-equity ratio of 130.44. The firm has a 50 day moving average price of GBX 133.34 and a 200-day moving average price of GBX 130.14. Town Centre Securities Plc has a twelve month low of GBX 110 ($1.39) and a twelve month high of GBX 147 ($1.86). The stock has a market capitalization of £60.71 million, a price-to-earnings ratio of -240.00 and a beta of 1.04.

Town Centre Securities Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 23rd will be issued a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date is Thursday, May 23rd. This represents a dividend yield of 1.88%. Town Centre Securities’s payout ratio is -833.33%.

About Town Centre Securities

TCS has a high quality portfolio around the UK comprising over 2.5m sq ft of prime commercial, residential, car parking, office, leisure & retail accommodation. This is in additon to our development pipeline which has an estimated GDV of over £600m. With over 60 years' experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London.