Law Debenture (LON:LWDB) Reaches New 1-Year High at $831.00

Shares of Law Debenture Co. (LON:LWDB) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 831 ($10.26) and last traded at GBX 830 ($10.25), with a volume of 42671 shares traded. The stock had previously closed at GBX 825 ($10.19).

Law Debenture Trading Up 0.9 %

The company has a market capitalization of £1.09 billion, a price-to-earnings ratio of 3,055.56 and a beta of 0.91. The company has a debt-to-equity ratio of 20.91, a current ratio of 2.04 and a quick ratio of 3.21. The business has a fifty day moving average price of GBX 788.58 and a 200 day moving average price of GBX 781.99.

Law Debenture Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 7th were issued a dividend of GBX 9.13 ($0.11) per share. The ex-dividend date of this dividend was Thursday, March 7th. This is an increase from Law Debenture’s previous dividend of $7.63. This represents a dividend yield of 1.17%. Law Debenture’s dividend payout ratio (DPR) is presently 11,851.85%.

Insider Buying and Selling at Law Debenture

In other Law Debenture news, insider Denis Jackson sold 6,973 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 783 ($9.67), for a total value of £54,598.59 ($67,438.97). In other news, insider Denis Jackson sold 6,973 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of GBX 783 ($9.67), for a total value of £54,598.59 ($67,438.97). Also, insider Trish Houston acquired 678 shares of the business’s stock in a transaction dated Monday, April 8th. The stock was acquired at an average cost of GBX 796 ($9.83) per share, with a total value of £5,396.88 ($6,666.11). Corporate insiders own 7.22% of the company’s stock.

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.