The Bankers Investment Trust (LON:BNKR) Sets New 12-Month High – Here’s Why

The Bankers Investment Trust PLC (LON:BNKR)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 122.40 ($1.51) and last traded at GBX 121.80 ($1.50), with a volume of 5693967 shares. The stock had previously closed at GBX 121.80 ($1.50).

The Bankers Investment Trust Stock Down 0.1 %

The business has a 50-day moving average of GBX 116.14 and a 200-day moving average of GBX 113.98. The company has a debt-to-equity ratio of 8.54, a quick ratio of 8.27 and a current ratio of 5.41. The stock has a market capitalization of £1.40 billion, a price-to-earnings ratio of 2,434.04 and a beta of 0.60.

The Bankers Investment Trust Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Investors of record on Thursday, January 23rd will be given a dividend of GBX 0.67 ($0.01) per share. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, January 23rd. The Bankers Investment Trust’s payout ratio is 6,000.00%.

Insider Buying and Selling

In other news, insider Richard West bought 284 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average cost of GBX 116 ($1.43) per share, for a total transaction of £329.44 ($406.21). Corporate insiders own 3.24% of the company’s stock.

The Bankers Investment Trust Company Profile

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI’), by investing in companies listed throughout the world.