Rachel Lawrence Sells 5,848 Shares of Secure Trust Bank PLC (LON:STB) Stock

Secure Trust Bank PLC (LON:STB) insider Rachel Lawrence sold 5,848 shares of the business’s stock in a transaction on Thursday, April 25th. The shares were sold at an average price of GBX 695 ($8.73), for a total transaction of £40,643.60 ($51,053.39).

Secure Trust Bank Price Performance

Shares of Secure Trust Bank stock opened at GBX 696 ($8.74) on Thursday. The business has a 50-day simple moving average of GBX 687.72 and a 200 day simple moving average of GBX 671.96. Secure Trust Bank PLC has a one year low of GBX 550 ($6.91) and a one year high of GBX 750 ($9.42). The firm has a market capitalization of £132.52 million, a price-to-earnings ratio of 508.03, a PEG ratio of 0.11 and a beta of 0.77.

Secure Trust Bank Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Thursday, April 25th will be issued a dividend of GBX 16.20 ($0.20) per share. This is an increase from Secure Trust Bank’s previous dividend of $16.00. The ex-dividend date of this dividend is Thursday, April 25th. This represents a dividend yield of 2.46%. Secure Trust Bank’s payout ratio is currently 2,335.77%.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Secure Trust Bank in a research note on Thursday, March 21st.

About Secure Trust Bank

Secure Trust Bank PLC provides banking and financial products and services in the United Kingdom. It operates through four segments: Real Estate Finance, Commercial Finance, Vehicle Finance, and Retail Finance. The Real Estate Finance segment provides secured loans against property assets. The Commercial Finance segment provides invoice discounting solutions, coronavirus business interruption loan scheme, and recovery loan schemes.