Law Debenture Co. (LON:LWDB) Insider Sells £54,598.59 in Stock

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

Law Debenture Stock Performance

Shares of Law Debenture stock opened at GBX 809 ($10.07) on Thursday. Law Debenture Co. has a 52 week low of GBX 718.04 ($8.94) and a 52 week high of GBX 829 ($10.32). The company has a debt-to-equity ratio of 20.91, a quick ratio of 3.21 and a current ratio of 2.04. The stock has a market capitalization of £1.06 billion, a price-to-earnings ratio of 2,996.30 and a beta of 0.91. The firm has a fifty day moving average of GBX 785.94 and a two-hundred day moving average of GBX 781.51.

Law Debenture Increases Dividend

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