Law Debenture Co. (LON:LWDB) Declares GBX 8 Dividend

Law Debenture Co. (LON:LWDB) declared a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be paid a dividend of GBX 8 ($0.11) per share by the investment trust on Thursday, October 24th. This represents a dividend yield of 0.89%. The ex-dividend date is Thursday, September 26th. The official announcement can be accessed at this link.

Law Debenture Stock Performance

LWDB stock opened at GBX 901 ($11.90) on Thursday. Law Debenture has a 1-year low of GBX 718.04 ($9.49) and a 1-year high of GBX 929 ($12.27). The business’s 50-day moving average price is GBX 890.90 and its two-hundred day moving average price is GBX 853.22. The firm has a market cap of £1.18 billion, a PE ratio of 819.44 and a beta of 0.93. The company has a current ratio of 3.01, a quick ratio of 3.21 and a debt-to-equity ratio of 18.53.

Insider Activity

In other Law Debenture news, insider Pars Purewal bought 16,671 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was acquired at an average cost of GBX 895 ($11.82) per share, with a total value of £149,205.45 ($197,100.99). 6.32% of the stock is currently owned by company insiders.

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.