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

Law Debenture Co. (LON:LWDB) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be given 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 seen at this link.

Law Debenture Stock Up 0.0 %

Shares of Law Debenture stock opened at GBX 891.32 ($11.94) on Wednesday. Law Debenture has a 12-month low of GBX 718.04 ($9.61) and a 12-month high of GBX 929 ($12.44). The firm has a market capitalization of £1.17 billion, a PE ratio of 825.00 and a beta of 0.93. The company has a quick ratio of 3.21, a current ratio of 3.01 and a debt-to-equity ratio of 18.53. The stock’s fifty day moving average is GBX 890.82 and its 200-day moving average is GBX 856.79.

Insider Buying and Selling

In other news, insider Pars Purewal purchased 16,671 shares of the business’s stock in a transaction dated Thursday, August 29th. The shares were acquired at an average price of GBX 895 ($11.98) per share, for a total transaction of £149,205.45 ($199,793.05). 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.